(25 points) 1-year put option on the same stock with an exercise price of $35 costs $2.1, the stock price is $33 and the interest rate on a bank deposit per annum is 10%. a) Use the put-call parity relation to calculate the price of a 1-year European call option on the same stock b) If the market price of the call option is $4, is there an arbitrage opportunity? c) If so, define arbitrage strategy