Calculate the put premium according to put$-$call parity which gives no arbitrage opportunity. Explain what transaction would you do if the put premium is below$/$above the put premium you calculated.

European call option premium: $c=$$$2$

Stock price today: $S_0=$$$30$

Life of option: $T=0\mathrm{.}5$

Risk$-$free rate for maturity $T$ with continous compounding: $r=8\%$

Strike price: $K=$ Decide on the $K$ value yourself $($carefully$).$

No dividends paid during life of option.