You are given a European call and a European put on XYZ stock. Both have the same

expiration time (time T) and the same strike price (denoted K). For their time-0 price, we

will use the abbreviated notation c(0) = c(0,T,K) and p(0) = p(0,T,K).

During the time interval [0,T], the stock is expected to pay a single dividend of d(t1) dollars

at time t1.

- There exists a zero-coupon bond which pays $1 at time t1.

- There exists a zero-coupon bond which pays $1 at time T.

(a) Complete the table below showing how the stock, the put and the two bonds can replicate the call

(b) What is the price relationship which we can infer from (a)?