Question: Adam Smith is a portfolio manager with Point 7 2 Investments, a U . S . - based asset management firm. Smith is considering using

Adam Smith is a portfolio manager with Point72 Investments, a U.S.-based asset management firm. Smith is considering using
options to enhance portfolio returns and control risk. He asks his junior analyst, Tommy Hilfiger, to help him. Hilfiger collected the
current market prices and data of selected instruments related to Lotus stock in the following Table.
According to the table. What will be the arbitrage profit per share without considering the transaction cost? (use this put call parity
for the calculation: C+D+Ke-rT=p+S0)
(sample answer: $5.50)
 Adam Smith is a portfolio manager with Point72 Investments, a U.S.-based

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