13. Suppose a European put price exceeds the value predicted by put-call parity. How could an investor profit? Demonstrate that your strategy is correct by constructing a payoff table showing the outcomes at expiration. The following option prices were observed for a stock on July 6 of a particular year. Use this information to solve problems 14 through 19. Unless otherwise indicated, ignore dividends on the stock. The stock is priced at 165.13. The expirations are July 17, August 21, and October 16. The risk-free rates are 0.0516, 0.0550, and 0.0588, respectively.