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A stock priced at $64 has three-month calls and puts with an exercise price of $55 available. The calls have a premium of $3.71, and

A stock priced at $64 has three-month calls and puts with an exercise price of $55 available. The calls have a premium of $3.71, and the puts cost $1.60. The risk-free rate is 2.2%. If the put options are mispriced, what is the profit per option assuming no transaction costs?

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