By using put-call parity. I can calculate P60=0.9481, less that p58=1. Thus, we have arbitrage.

My question is how to construct an arbitrage strategy. Thank you.

Q4 Stock PSTT pays continuous dividens at 8 = 10% annual. Its price today is $70 and interest rate of r = 3% continuously compounded annual. A call on PSTT with strike K = 60 and maturity T = 1 has premium of C = 6.06. A Put with strike K = 58 and T=1 has a premium of P=1. Explain what is the arbitrage violation and construct an arbitrage strategy