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The price of futures contract of ICICI Bank expiring on 29-July-2021 is INR 625.10 (as...

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Accounting

The price of futures contract of ICICI Bank expiring on 29-July-2021 is INR 625.10 (as on 20-May-2021). The stock price of ICICI Bank on 20-May-2021 is INR 619.40. Is the futures contract fairly priced? If not, how can a i being a trader exploit the arbitrage opportunity? Please assume a risk-free rate of 6%.

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