Question: It is given that: S = 110, C = 15, P = 5, r = 9.758% (EAR=10.25%), T = 0.5yr, and X = 105. What

It is given that:

S = 110, C = 15, P = 5, r = 9.758% (EAR=10.25%),

T = 0.5yr, and X = 105.

What is the immediate cash flow fromarbitrage?

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