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Suppose an XYZ stock is selling for $125 per share in February and an XYZ European call with the strike price $13 and expiry in

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Suppose an XYZ stock is selling for $125 per share in February and an XYZ European call with the strike price $13 and expiry in August is selling for $10. Assuming a continuously compounded interest rate of 3% per year, (i) What is the value of the corresponding put? (ii) If one agrees to buy a put for $14, what arbitrage opportunities does this create? Demonstrate them via an appropriate strategy

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