You observe an exchange rate of 0.7500 US dollars (USD) for one Australian Dollar (AUD) in the spot market. In the futures market the six-month FX rate is USD 0.7520. Interest rates in Australia and in the US are 1% and 0.5% per annum, respectively, with continuous compounding. Ignoring transaction costs, what should an arbitrageur do? Go long AUD futures and short AUD spot Do nothing as there is no arbitrage opportunity in the situation described above Go long AUD spot as the futures price is higher than the spot price Go short AUD futures and long AUD spot Go long AUD futures and long AUD spot