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Select from the brackets five answers altogether. Debt is a combination of being (long/short) on a (put/call) option with a strike price equal to the

Select from the brackets five answers altogether.

Debt is a combination of being (long/short) on a (put/call) option with a strike price equal to the value of (debt/equity) and (short/long) a risk-free bond with a face value equal to the value of the (equity/debt).

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