Question: 5. Arbitrage Using a Forward A stock currently sells for $80, and it will pay no dividends in the future. Consider a 2 -year forward

5. Arbitrage Using a Forward A stock currently sells for $80,

5. Arbitrage Using a Forward A stock currently sells for $80, and it will pay no dividends in the future. Consider a 2 -year forward contract on this stock. The forward price is $90. The risk-free rate is 3% per annum. Is there an arbitrage? If so, show the arbitrage strategy using a table listing asset positions and cash flows

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