Problem 4 (15 points): Suppose you are given the following data: 2-month option on XYZ stock: Underlying S-48.1 Strike X-50 Put price = $2.2 a) What should be the price of call to prevent arbitrage if 2-month interest rate is 6% p.a.? b) If the actual call price was $1.3 how would you implement an arbitrage opportunity? c) Compute your payoff at maturity, D Focus