Suppose that: C-3, p-1, S-31, K-30, T-0.25, r-1096. (i Use the P-C-P to argue that arbitrage opportunities exist. PCP Put-Call Parity i) Show how you form a strategy to exploit the arbitrage opportunities Action CF(O) CF(0.25): S(0.25)30 CF(0.25): S(0.25)