Question: The payoffs from holding a call option can be replicated by. 1. borrow money to invest in the stock. 2. borrow money to buy a
The payoffs from holding a call option can be replicated by.
1. borrow money to invest in the stock.
2. borrow money to buy a put option.
3. simultaneously sell a call and buy a put.
4. simultaneously buy a share and buy a put.
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