Astock priced at $65 has a standard deviation of 30%. three-month calls and puts with an exercise price of $60 are available. the calls have a premium of $7.27, and the puts cost $1.10. the risk-free rate is 5%. since the theoretical value of the put is $1.525, you believe the puts are undervalued. if you construct a riskless arbitrage to exploit the mispriced puts, your arbitrage profit will be

1. avoid them

2. a talk with them

3. ask someone you trust

4. ignore

5. call police

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it