Question: let C ( k ) abd P ( K ) denote the current market price of a european style call option and put option on

let C(k) abd P(K) denote the current market price of a european style call option and put option on AAPL with strike price K and expiry being 1 year respectively. Annualized risk free rate is 5% per annum. Current price of one share of AAPL is $150. If each of the following is observed in the market, then state whether an arbitrage opportunity exists (yes or no). If yes, which options to buy or sell in order to materialize the arbitrage

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