Data from the Chicago Board $of$ Options Exchange was obtained and yielded the following information related $to$ a John Deere MAR $85$ call. The current market value $of$ the call was: $Cmkt=$ $$3\mathrm{.}90.$ The current market value $of$ the put was: $Pmkt=$ $$1\mathrm{.}75.$ The option had $23$ days $to$ expiration. The risk$-$free interest rate was $3\mathrm{.}1194\%.$ John Deere did not have any dividends $tobe$ paid during the option$s$ life. The current price $at$ the point time the data was collected for John Deere stock was $$86\mathrm{.}24.$

Using the information provided, check $to$ see $if$ the values $of$ the call and put conform $to$ the put$-$call parity rule. $If$ you see a violation, suggest a strategy. Then show that the strategy works