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Suppose the following for European options: Stock price $94 3-month call options with strike price $97 3-month put option with strike price $98 1-year risk-free

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Suppose the following for European options: Stock price $94 3-month call options with strike price $97 3-month put option with strike price $98 1-year risk-free rate is 3% The put option is trading at $5 and there is an identical call option that is trading for $4. The arbitrage gain that can be made is equal to O a $2.00 b. $0.27 O c. $3.00 O d. $127 O 0.5227 o RI

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