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The difference in profit from an actual put and a synthetic put is A.S T - X B.X - S T C.X(1-e -rT ) D.X
The difference in profit from an actual put and a synthetic put is
A.ST- X
B.X - ST
C.X(1-e-rT)
D.X
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
