It is given that (a) Show how synthetic lending over 200 days can be obtained. You need to hold shares (long or short) and one zero-downpayment forward contract, long or short. (b) What is the implied annual interest rate, expressed as a continuously-compounded rate (using a 365 day year)? (c) Show how synthetic lending over 200 days can be obtained. You need to start with a (long or short) position in 1 share of stock plus a (long or short) position in zerodownpayment forward contracts. It is given that (a) Show how synthetic lending over 200 days can be obtained. You need to hold shares (long or short) and one zero-downpayment forward contract, long or short. (b) What is the implied annual interest rate, expressed as a continuously-compounded rate (using a 365 day year)? (c) Show how synthetic lending over 200 days can be obtained. You need to start with a (long or short) position in 1 share of stock plus a (long or short) position in zerodownpayment forward contracts