The action of APPLE is trading today at $650 and its 3-month Future at $650, the risk-free rate on this deadline is 5% . What arbitrage strategy can you put in place, for what profit and when?

1. O I sell APPLE stock at $650 and I sell the 3 month Future at $685, I put the rest at 5% for a profit in 3 months of $1351.80
2. O I borrow $650 for 3 months and I buy the stock and I sell the Future for an immediate profit of $35 without risk
3. O Today, I sell the stock short, I place $650 at 5% for 3 months and I take a long position in the Future to buy it back in 3 months. My profit in 3 months will be $26.82
4. O I borrow $650 at 5% for 3 months and I buy the stock of APPLE today and I take a short position in the Future 3 months at $685, for a profit in 3 months of 26.82 $

O None of the above