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Suppose a stock were selling today at $40 and the interest rate was 5%.You found a that a 1-year European Call on this stock with

Suppose a stock were selling today at $40 and the interest rate was 5%.You found a that a 1-year European Call on this stock with EX=23 was selling for $26 and a 1 year European Put on this stock with EX=23 was selling for $10.

Describe a way to construct a risk-free arbitrage opportunity for yourself.

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