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2 . 4 . * * Establish ( 2 . 6 ) ( a ) by setting up suitable portfolios and applying the argu -

2.4.** Establish (2.6)(a) by setting up suitable portfolios and applying the argu-
ments used to get (2.4)-(2.5), and (b) separately, by using (2.4)-(2.5) plus
put-call parity (2.2).
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