a. Explain how you would create a synthetic long forward contract using a put, a call and a risk-free bond. Use the following information to answer parts b, c and d. The current price of the underlying stock is $40. A one-year call with a strike price of $43 costs $1. A one-year put with a strike price of $43 costs $2. Aforward contract is available for delivery of the underlying stock in one year at $41 (the current forward price). The risk-free rate is an annual 5%. b. What is the price of a synthetic long forwar'a contract the delivers the underlying stock in one year at $41? c. Explain clearly the arbitrage strategy to profit from these prices. d. Calculate the arbitrage profit today, per unit of stock