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If on 20-May-2021, the price of call option on IDFC Bank with a strike price of INR 600 and expiry on 29-July-2021 is INR 79.50.

If on 20-May-2021, the price of call option on IDFC Bank with a strike price of INR 600 and expiry on 29-July-2021 is INR 79.50. The price of a put option with same strike price and expiry is INR 52.45. Does the put call parity hold true?. If not, how can a trader exploit the arbitrage opportunity. Please assume a risk-free rate of 6%.

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