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(b) Buying a call option, investing the present value of the exercise price in T-bills, and short-selling the underlying share is the same as

(b) Buying a call option, investing the present value of the exercise price in T-bills, and short-selling the underlying share is the same as i. ii. iii. iv. buying a put and a share. buying a call and a put. buying a put. selling a call. Explain.

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