A European put option on the share with an exercise price of $20 is currently trading for $22.00. The call option has six months until expiry and the riskless interest rate (continuously compounded) is 3% per annum. Show the exact strategy that you willadopt to generate arbitrage profits, by creating a table such as the one below, and explaining the outcomes. What happens to force the put price back to its arbitrage-free value?