3. Spot futures parity is an equilibrium condition involving the following variables:

A) stock price, exercise price, time to maturity, interest rates

B) domestic interest rate, forward rate, foreign interest rate, spot rate

C) forward rates, spot rates, interest rates, time to maturity

D) domestic interest rate, stock price, foreign interest rate, exercise price

4. Cash and carry arbitrage and reverse cash and carry arbitrage apply

A) when dealing with dividend paying stocks

B) when dealing with derivative markets involving options

C) when dealing with non-dividend paying stocks

D) when dealing with an equilibrium condition