Given the following data as of the close of trading on 10/26/18:

Quest Diagnostics (DGX): 91.47

T-bill: Asked 2.28, Days to Maturity 84

A call option maturing on the same day as the T-bill and struck at $80 trades at a premium of $11.00

What is the minimum profit from the following arbitrage strategy? Find the nearest answer.

Position	Cash Flow Today	Expiration, DGX < 80	Expiration, DGX > 80
Buy call	-11
Short DGX	+91.47
Invest in T-bill	-80.47
TOTAL	0	Profit > ?	Profit = ?

	a.	0.80
	b.	0.90
	c.	0.60
	d.	0.70