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8. Suppose that you have the following prices: call price = $2.95, K=28, S 0 = 30, t =2, r f = 2%, Dividend=0. Is

8. Suppose that you have the following prices: call price = $2.95, K=28, S₀ = 30, t =2, r_f = 2%, Dividend=0. Is there an arbitrage opportunity? Show your calculation and describe the available profit (or describe why there is no easy arbitrage). (6 points)

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