Consider a stock with current price S(0) = $60 which has dividend yield delta = 3%. We assume an interest rate of r = 6%. Suppose that a Call option on this stock with strike K = 59 and maturity T = 9 months has price C_0 = $4. If a Put option with same strike and maturity is trading for P_0 = $3, construct an arbitrage strategy to exploit this fact. Be sure to explain all trades that must be done and when