In the general one-period model the the share price starts at S(0) and at time T is either SH or SL. Assume interest rates are 0 . Let q be the risk-neutral probability of S(0) going to SH at time T. C and P are European options both with strike K and expiration T where C is a call option and P is a put option. (a) Calculate the value of the portfolio H consisting of long C and short P. (b) Explain why the value of this portfolio is independent from