You Borrow $200 at 10% Per Year and Proceed to Buy

Multiple Choice

You borrow $200 at 10% per year and proceed to buy Asset XYZ for $200 in the cash market. This asset pays $5 quarterly. You then immediately sell a futures contract at $214 requiring delivery of asset XYZ in three months. Which of the below statements is TRUE?

A) At the end of three month, the settlement of the futures contract generates a total proceeds of $220.
B) At the end of three month, the cost of the loan generates a total outlay of $206
C) Your strategy of selling the futures contract after borrowing money to buy the asset produces a net profit of $15.
D) None of these