The current price of a non$-$dividend$-$paying stock is $$38,$ and a six$-$month European call option on the stock with a strike price of $$35$ is quoted at $$4.$ The risk$-$free rate is $4\mathrm{.}5\%$ with continuous compounding. Which of the following best describes the actions required to take advantage of arbitrage opportunities, if any?

Group of answer choices

Arbitrage opportunities are not available.

Buy a call and short the stock and invest the remaining proceeds at the risk$-$free rate.

Borrow to buy a call and buy the stock.

Short a call, and borrow to buy the stock.

Short a call and short the stock, and invest the remaining proceeds at the risk$-$free rate.