Arbitrage pro?t making strategy

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Suppose that the table below presents prices of European options and that the underlying stock does not pay dividends. Open an arbitrage pro?t making Calendar spread with the K=30, APR and JUL puts. Using a table of cash ?ows and P/L at expiration. Demonstrate that this strategy is indeed an arbitrage pro?t making strategy.

Reference no: EM133118840

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