Q.4 Suppose a stock's price is $61, and the continuously compounded interest rate is 6%. The stock does not pay dividends. A 6-month $60-strike European call costs $9.82, and 6-month $60-strike European put costs $6.20. In this situation, an arbitrageur would...

a. sell stock, sell the call, and buy the put.

b. buy the stock, sell the call, and buy the put.

c.buy the stock, buy the call, and sell the put.

b. sell the stock, buy the call, and sell the put.