8.3 A. Sketch (on the same graph) the terminal payoff position that is long a call and short a put with the same strike, underlying, and time to maturity. B. Sketch (on the same graph) the terminal payoff position that is long a share of the underlying and short a risk-iree zero coupon bond with a face value equal to the strike price of the options. Please assume that the bond and the options have the same maturity. C. Compare the two graphs and tell what conclusions you can draw from them. 8.3 A. Sketch (on the same graph) the terminal payoff position that is long a call and short a put with the same strike, underlying, and time to maturity. B. Sketch (on the same graph) the terminal payoff position that is long a share of the underlying and short a risk-iree zero coupon bond with a face value equal to the strike price of the options. Please assume that the bond and the options have the same maturity. C. Compare the two graphs and tell what conclusions you can draw from them