Q3: (30 points) You are considering the arbitrage opportunity when 10-month forward price is out of line with spot price for asset providing known cash income (asset price=$900; forward price=$850, income of $60 occurs at 4 months; 4-month and 10-month rates are 3% and 4% per annum). Is there an arbitrage opportunity? If yes, what are your actions now, in 4 months, and in 10 months? What is the pront from the strategy