Can you make arbitrage profits from the following European call prices? If so, give two such examples

Question:

Can you make arbitrage profits from the following European call prices? If so, give two such examples of arbitrage, neatly showing the portfolio construction as well as the various cash flows. The stock price is $40.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...