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4 Options referred to in this question are on the same stock and have the same strike price and same maturity. Buying a call on

4 Options referred to in this question are on the same stock and have the same strike price and same maturity. Buying a call on an underlying stock and selling a put produces the same result as:

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Buying a put and a selling a call

Lending the present value of the exercise price at the risk-free rate and selling a share

Lending the present value of the exercise price at the risk-free rate and buying a share

Borrowing the present value of the exercise price at the risk-free rate and buying a share

Borrowing the present value of the exercise price at the risk-free rate and selling a share

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