Which of the following statements are true? i. In risk-neutral valuation, for finding the discounted expected payoffs, the adjustment for risk is done by altering the actual probabilities of cash flows when calculating the discounted expected payoff, rather than increasing the discount rate by the risk premium. ii. From the replicating portfolio method, we can see that derivatives are basically portfolios of fundamental securities like stocks and bonds and derive their values from the values of these fundamental securities. iii. In the Binomial model, the replicating portfolio method and risk- neutral valuation can give different prices for call and put options. When that happens, the prices given by the replicating portfolio method are always greater. O a. i and ii O b. ii and iii O c. i and iii O d. i, ii, and ii are all true O e. i, ii, and iii are all false