Please your help to answer the following question. The answer is 564.35I just don't know how to get to it.

You have the following market data.

• The S&P 500 market index currently is 91.96.
• The annualized, continuously compounded dividend yield on this index is 2.78%.
• The futures contract on this index has an index multiplier of 100.
• The annualized, continuously compounded risk-free rate is 3.05%.
• The index futures contract that expires in 5 months has a futures price of 86.42.

What is thetotal net profitif you execute the arbitrage strategy with one futures contract?

Do not round values at intermediate steps in your calculations. Enter your answer in dollars and centsto two decimal places, but omit the $ symbol and commas. For example, enter $1,234.56 as 1234.56 as your answer.