Suppose that the current stock price is $100 and the risk free rate is zero. The stock does not pay any dividends. You are given a list of 1 year European call option prices for different strike prices (K). Determine Whether an arbitrage opportunity exists. If your answer is positive describe a_ll arbitrage strategies and if not explain why not. (50 marks) Hint: Note that the stock itself can be Viewed as a call option. C K 60 44 90 30 120 8