Question: Verify that you earn the same profit and payoff by (a) Buying the S&R index for $1000 and (b) Buying a 950-strike S&R call, selling

Verify that you earn the same profit and payoff by
(a) Buying the S&R index for $1000 and
(b) Buying a 950-strike S&R call, selling a 950-strike S&R put, and lending $931.37.

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