The current stock price is $50, and the continuously compounded interest rate is 12% per annum. The stock is going to provide a dividend of $2.50 after 9 months. If the 1-year forward price of this stock is $56, there are arbitrage opportunities. The arbitrage profit that can be made today by trading in one forward contract is:

Select one:

a. $2.1153

b. $1.6523

c. $2.0976

d. $1.9823

e. $1.9523