The S&R Index is currently traded at $1100. The continuously compounded annual interest rate is 5%. If the price of a 1-month forward contract is $1120, how would you establish the arbitrage portfolio today? ______ the foward at $1120, ______ the S&R index at $1100,

______ the amount of $1100.

Group of answer choices

long, short, lend

short, long, borrow

long, short, borrow

short, long, lend