Question 13 (5 points) Question 13: Let the current stock price is $120. Exercise price of call and put with the same expiration of 1 year is $118. The risk free rate is 5%/year. If call price is $15 and put price is $9. Construct an arbitrage portfolio to exploit the mis-pricing based on put-call parity. Choose the correct arbitrage portfolio from below: Short 1 share of stock, borrow $112.38, long 1 call and short 1 put Short 1 share of stock, lend $112.38, long 1 call and short 1 put Long 1 share of stock, lend $112.38, short 1 call and long 1 put Long 1 share of stock, borrow $112.38, short 1 call and long 1 put