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(10 points) Near market closing time on a given day, you lose access to stock prices, but some European call and put prices for a

(10 points) Near market closing time on a given day, you lose access to stock prices, but some European call and put prices for a stock are available as follows:

Strike price Call price put price

$40 $11 $4

$50 $6 $8

$55 $4 $11

All six options have the same expiration date. Review the information above and identify if there is any possible arbitrage.

If so, what is the profit value?

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