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The current spot price is $31.08 and you see ATM Puts selling for $5.18 and ATM Calls selling for $8.11. What are the potential arbitrage

image text in transcribed The current spot price is $31.08 and you see ATM Puts selling for $5.18 and ATM Calls selling for $8.11. What are the potential arbitrage profits if the discount rate is 3%? [note: your answer should have at least two decimal places]

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