You observe the following prices in a situation in which European put-call parity ought to apply: Put price $0.19, Call price $0.11, Share price $2.00, Exercise price $2.20, Term to expiry four (4) months, and risk-free interest rate 1% per month (compounded monthly). The prices of these options and the share price suggest that:

Group of answer choices

The call option is relatively overpriced.

The put option is relatively overpriced.

The call and put options are under-priced when compared to the share price.

The call and put options are priced correctly when compared to the share price.

None of the above statements is correct.