There is a 2-years European put on USD. The strike price of the put is 6.50 CAD/USD. They have 2 percent of risk-free rate in Canada, and 3 percent in United State, both per annual. The exchange rate is 5.90 CAD/USD. The put price is $0.4 in Canada. Then, do we have an arbitrage for Canada investors? If so, show an arbitrage strategy. (Please present the a table, which listing actions and resulting cash flows)