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Assume you calculated a call price of $2 and you noticed the call price is actually $1. Assume the risk-free rate is 6 percent per

Assume you calculated a call price of $2 and you noticed the call price is actually $1. Assume the risk-free rate is 6 percent per annum. If you calculated as the calls , show your arbitrage strategy in detail. Show what securities you would buy, sell, borrow and/or lend.

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