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5. You buy a European call with expiry date T and strike price K = Soert, and sell a European put with the same strike
5. You buy a European call with expiry date T and strike price K = Soert, and sell a European put with the same strike price and expiry date, on an asset S. By considering the payoff function or the profit/loss diagram at expiry of the contracts, or otherwise, show that your strategy is equivalent to (has identical characteristics to) taking out a forward contract on the asset
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