Consider the Following If the Market Futures Price Is 1

Consider the following: $$\begin{array}{l}\begin{array} { l l r } \text {Risk-free rate in Canada }&0.04 \text { year } \\\text {Risk-free rate in Switzerland }&0.03 / \text { year } \\\text {Spot exchange rate }&1.67 \mathrm{SF} / \$\end{array}\end{array}$$
If the market futures price is 1.69 SF/$,how could you arbitrage?

A) Borrow Swiss Franks in Switzerland,convert them to dollars,lend the proceeds in Canada and enter futures positions to purchase Swiss Franks at the current futures price.
B) Borrow Canadian dollars in Canada,convert them to Swiss Franks,lend the proceeds in Switzerland and enter futures positions to sell Swiss Franks at the current futures price.
C) Borrow Canadian dollars in Canada and invest them in Canada and enter futures positions to purchase Swiss Franks at the current futures price.
D) Borrow Swiss Franks in Switzerland and invest them there,then convert back to Canadian dollars at the spot price.
E) There is no arbitrage opportunity.