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Question 18 5 pts Suppose that an American put option with a strike price of $70.0 and maturity of 4.0 months costs $13.2. The underlying

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Question 18 5 pts Suppose that an American put option with a strike price of $70.0 and maturity of 4.0 months costs $13.2. The underlying stock price equals 55. The continuously compounded risk-free rate is 8.5 percent per year. What is the potential arbitrage profit from buying a put option on one share of stock? O 1.9783 no arbitrage profit available 3.8117 4.2693 1.80

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