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S=48 X=50 C=4 P=3 . At expiration option prices converge to their intrinsic values. If this is true, I. C=$0 and P=$2 II. Put-Call Parity

S=48 X=50 C=4 P=3

. At expiration option prices converge to their intrinsic values. If this is true,

I. C=$0 and P=$2

II. Put-Call Parity holds

III. The securities are in equilibrium

a. I only

b. III only

c. I, II, and III

d. I and III

e. I and II

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