The current stock price of Tesla is $262.59 and the annual risk-free rate (for all maturities) is 8%. A one-year European call option on Tesla with strike price of $300 is currently priced at $43.85 and the corresponding one-year European put option with the same strike is priced at $62. You do not expect Tesla to pay dividends in the next 12 months. Is the put option over- or under-valued, relative to the other assets? What is the arbitrage profit that you can make today by trading these options, Tesla stock, and risk-free bonds?