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The share of BBB firm is trading at $56 while the respective futures contract (3-month time to maturity) written on BBB share is trading at

The share of BBB firm is trading at $56 while the respective futures contract (3-month time to maturity) written on BBB share is trading at $60. Moreover we know that the firm BBB pays no dividends. If we assume that the annual risk-free interest rate is 4% with continuous compounding, then ,is there an arbitrage opportunity?

A. Yes,with the respective arbitrage profit being $3.44

B.yes, with the respective arbitrage profit being $4.5

C.yes, with the respective arbitrage profit being $2.5

D.no, there is no arbitrage opportunity in the market

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