In early April 2023, Cochlear is trading at $248.07. The $260 call option that expires in 315 days is trading at a premium of $13.91 and the put option of the same series is trading at $25.14. These prices seem odd to you and you suspect that an arbitrage opportunity exists. You note the continuously compounded risk free rate is 3.5618%. What trade do you place and what is your expected profit from this trade?

		Buy the put in the market and sell the synthetic put for a profit of $5.10
		Buy the call and sell the synthetic put in the market for a profit of $3.42
		Buy the call in the market and sell the synthetic call for a profit of $5.10
		Buy the synthetic put and sell the put in the market for a profit of $3.42