1. Suppose the following information is given on a European-style call option on a stock | that pays no dividend: S0=20T=1K=15 r=10% (continuous compounding) Please calculate the minimum value of the call option. 2. Suppose the following information is given on a European-style put option on a stock that pays no dividend: S0=20T=1K=25r=5%(continuouscompounding) Please calculate the minimum value of the put option. 3. European call and put options with a strike price of S45 will expire in one year. The underlying stock is selling for S48 currently and makes no cash dividend payments during the life of the options. The risk-free rate is 5% (continuous compounding). The put is selling for $5, and the call is selling for $8.00. Please answer the following questions: (1) Please use the put-call parity to check if there is an arbitrage opportunity. Please explain. (2) If yes, please demonstrate how you should execute the arbitrage transaction. Please follow the approach and format as discussed in class to fill up the blanks in the table below, where ST is the stock price at maturity and K is the strike price. How much is the net profit