What is the impact (if any) of negative interest rates on a) The put call parity result for European options b) The result that American call options on non dividend paying stocks should never be exercised early c) The result that American put options on non dividend paying stocks should sometimes be exercised early Assume that holding cash earning zero interest is not possible

Question: What is the impact (if any) of negative interest rates on: a) The put-call parity result for European options b) The result that American call

What is the impact (if any) of negative interest rates on:
a) The put-call parity result for European options
b) The result that American call options on non-dividend-paying should never be exercised early.
c) The result that American put options on non-dividend paying should sometimes be exercised early.
Assume that holding cash earning zero interest is not possible.

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