Two actuaries, A and B, use a two-period binomial forward tree to compute the prices of a European call and a European put using different parameters.

You are given:

Describe the relationship between the call price computed by Actuary A and the put price computed by Actuary B.

Actuary Option A Call B Put Underlying Strike Stock Price Price 200 190 190 200 Dividend Risk-free Stock Yield Interest Rate Volatility 5% 30% 3% 30% 3% 5% Option Maturity 1 1