3) For American options, there is Yellowstone, or the Grand Canyon, and a few will venture into Death Valley for a vacation. But more generally, assuming the strike price and expiration dates are the same, the value of an American call minus the value of an American put is equal to: a) Zero, they cancel out. b) The present value of the exercise price minus the value of a share. c) The present value of the exercise price plus the value of a share. d) The value of a share plus the present value of the exercise price. e) The value of a share minus the present value of the exercise price. f) Other, specify