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At-the-money European options with a strike price K = 89 (which equals the current stock price) and maturing in T = 10 months trade on
At-the-money European options with a strike price K = 89 (which equals the current stock price) and maturing in T = 10 months trade on YBM. The continuously compounded, risk-free interest rate r is 1.7 percent per year. The call and put price are both equal to $5.9. What arbitrage profit can you make today by trading one stock and other instruments? [round to two decimal places]
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