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1.5 points According to the put-call parity theorem, the payoffs associated with ownership of a call option can be replicated by buying the underlying stock, borrowing the present value of the exercise price; and buying a put on the same underlying stock and with the same exercise price shorting the underlying stock, lending the present value of the exercise price, and buying a put on the same underlying stock and with the same exercise price shorting the underlying stock, borrowing the present value of the exercise price, and writing a put on the same underlying stock and with the same exercise price buying the underlying stock, borrowing the present value of the exercise price; and writing a put on the same underlying stock and with the same exercise price