The current price for a put and a call option with a strike price of $30 are $9.57 and 5.20 respectively. The current stock price is $24 and the risk free rate is 3%. Is there an arbitrage opportunity. What is the investment strategy.
a) Buy a put, write a call, short the stock, buy debt
b) Buy a put, write a call, buy the stock, issue debt
c) Write a put, buy a call, buy the stock, issue debt
d) Write a put, buy a call, short stock, buy debt