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A stock is trading at $71 and the following three-month put options exist in the market Strike Price Put Price 65 2.53 70 4.25 75

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A stock is trading at $71 and the following three-month put options exist in the market Strike Price Put Price 65 2.53 70 4.25 75 3.96 Which of the following strategies is guaranteed to produce an arbitrage? sell the strike 65 put, buy the strike 70 put sell the strike 70 put, buy the strike 65 put sell the strike 75 put, buy the strike 70 put sell the strike 70 put, buy the strike 75 put

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