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A 9-month at-the-money European call option on a non-dividend-paying stock is currently selling for EUR 8.19 while a put with the same terms is selling

  1. A 9-month at-the-money European call option on a non-dividend-paying stock is currently selling for EUR 8.19 while a put with the same terms is selling for EUR 7.27. The underlying stock price is EUR 70.00, and the risk-free rate is 2% per year. Is there an opportunity for you as an arbitrageur? If so describe the trades you would undertake and the profit you would make; if not explain why not.

update: the common strike price is not given

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