Question: A non-dividend-paying stock is currently priced at $78.15 per share. A futures contract maturing in five months has a price of $79.25 and the risk-free

A non-dividend-paying stock is currently priced at $78.15 per share. A futures contract maturing in five months has a price of $79.25 and the risk-free rate is 4 percent.
Describe how you could make an arbitrage profit from this situation. How much could you make on a per-share basis?

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