The following table contains prices for call and put options at various strike prices. The current stock price is $100. Interest rates are zero.

Strike Call Put

95 9.00 4.00

100 6.00 5.50

105 3.50 8.50

To exploit the arbitrage opportunity that you have identified using put-call parity, which of the following transactions would you undertake?

	A.	buy calls, invest $100 in bills, sell puts and short stock.
	B.	sell calls and puts, buy stock and borrow $100 in bills.
	C.	Sell calls, borrow strike amount in T-bills, buy puts and buy stock .
	D.	buy calls and puts, short stock and invest $100 in bills.