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Verify that you earn the same profit and payoff by (a) shorting the S&R index for $1000 and (b) selling a 1050-strike S&R call, buying
Verify that you earn the same profit and payoff by (a) shorting the S&R index for $1000 and (b) selling a 1050-strike S&R call, buying a 1050-strike put, and borrowing $1029.41.
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