Consider a call option written on stock XYZ with a strike price of $100. The call option expires one year after from today.

1-How would you replicate an ownership of this call option using the underlying stock, a put option, and the risk free bond? Explain in fewer than three lines.

2-What should be the strike price of the put option and the face value of the riskfree bond in the replicating portfolio? What should be the maturity of the bond?