4) Verify that you earn the same profit and payoff by: (a) buying the S&R...

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4) 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. 4) 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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