Suppose that a stock is trading for $52 per share and the annual risk-free rate is 5%. A 3-month put option on the stock with an exercise price of $50 is trading at an option premium of $1.50. A 3-month call option on the stock with an exercise price of $50 is trading at an option premium of $3.75.

To earn the available arbitrage profit, an investor should:

A	sell the put option, buy the call option, short the stock, and invest $49.39 at the risk-free rate.

B	buy the put option, sell the call option, short the stock, and invest $49.39 at the risk-free rate.

C	sell the put option, buy the call option, buy the stock, and borrow $49.39 at the risk-free rate.

D	buy the put option, sell the call option, short the stock, and borrow $49.39 at the risk-free rate.