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Which of the following three components is NOT a correct component associated with the process involved in creating a cash-and-carry strategy (that is, creating a

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Which of the following three components is NOT a correct component associated with the process involved in creating a cash-and-carry strategy (that is, creating a long synthetic forward)? Component 1: Sort a tailed position in a security at Time 0 and close it at Time T. Component 2: Lend the amount of shorting the tailed position at Time 0 and collect the loan proceeds in full with interest at time T Component 3. Long a forward contract at Time 0 and close the transaction at time T All of the components are correct. All of the components are not correct

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