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10.5 A long position is taken at time 0 in a forward contract for delivery of a stock at time T with delivery price X
10.5 A long position is taken at time 0 in a forward contract for delivery of a stock at time T with delivery price X (delivery price is based on the assumption of no arbitrage). Which of the following combinations of European options expiring at time has the same value X as the forward contract at time T? (a) Sell a put option with strike price X, buy a call option with strike price X. (b) Buy a put option with strike price X, sell a call option with strike price X. (C) Sell a put option with strike price X, sell a call option with strike price X (d) Buy a put option with strike price X, buy a call option with strike price X (e) None of (a), (b), (c) or (d) has the same value at time T as the forward contract
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