need detailed steps to solve

5. You are given the following prices of a non-dividend-paying stock and two European options with this stock as the underlying asset and expiring in six months: Financial instrument Bid price ($) Ask price ($) Stock 24.6 25.0 20-strike call option 6.4 6.6 30-strike put option 5.5 5.8 The risk-free force of interest is 4% per annum (assume no transaction cost on bor- rowing/lending at the risk-free rate). Based on this information, calculate the range of prices of a six-month 2030 bull spread within which arbitrage is not possible. Show all steps. [Total: 10 marks] 5. You are given the following prices of a non-dividend-paying stock and two European options with this stock as the underlying asset and expiring in six months: Financial instrument Bid price ($) Ask price ($) Stock 24.6 25.0 20-strike call option 6.4 6.6 30-strike put option 5.5 5.8 The risk-free force of interest is 4% per annum (assume no transaction cost on bor- rowing/lending at the risk-free rate). Based on this information, calculate the range of prices of a six-month 2030 bull spread within which arbitrage is not possible. Show all steps. [Total: 10 marks]