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On February 1st, September call option with exercise price of $55 written on X stock...

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On February 1st, September call option with exercise price of $55 written on X stock is sold for $4.375 per share and September put option with exercise price of $55 written on the same stock is sold for $6 per share. At the time, T-bills coming due in September are priced to yield 12%. X stock is sold for $53 per share on February 1st. The time period between Feb 1 st and expiration date of options is 8 months. 1. If the call option, X stock, and T-bills are correctly priced, what is the appropriate value of a put option on February 1st? 2. How to take advantage of this situation? Please show arbitrage profits using arbitrage table

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