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The put-call parity relation, if violated: A. Provides an arbitrage opportunity. B. Creates a valuable tax shield for the firm whose stock underlies the mispriced

The put-call parity relation, if violated:

		A. Provides an arbitrage opportunity.
		B. Creates a valuable tax shield for the firm whose stock underlies the mispriced options.
		C. Implies markets are strong-form efficient.
		D. Suggests a stock's implied standard deviation (ISD. is zero.
		E. Suggests a stock's implied standard deviation (ISD. is negative.

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