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PLEASE ROUND ANSWER TO 4 DECIMAL PLACES A stock priced at $62 has three-month calls and puts with an exercise price of $55 available. The

image text in transcribedPLEASE ROUND ANSWER TO 4 DECIMAL PLACES

A stock priced at $62 has three-month calls and puts with an exercise price of $55 available. The calls have a premium of $3.88, and the puts cost $0.72. The risk-free rate is 4.3%. If the put options are mispriced, what is the profit per option assuming no transaction costs? A stock priced at $62 has three-month calls and puts with an exercise price of $55 available. The calls have a premium of $3.88, and the puts cost $0.72. The risk-free rate is 4.3%. If the put options are mispriced, what is the profit per option assuming no transaction costs

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