The price of an asset is currently $1,200. An arbitrageur could enter a zero cost forward contract to buy or sell the asset in 1 year at $1,150. The arbitrageur can borrow or deposit money at 3% per year with annual compounding. The arbitrageur is allowed to short sell the asset for a year with no cost. Construct an arbitrage strategy (describe in details what the arbitrageur should do now and what she should do in 1 year, and explain why this is an arbitrage)