93. A description least likely to explain put-call parity is:
A. A fiduciary call option strategy and a protective put option strategy for an
underlying asset are equal in value.
B. A put is equivalent to a long call, a long position in the underlying asset, and a
long position in the risk-free asset.
C. A call is equivalent to a long put, a long position in the underlying asset, and a
short position in the risk-free asset.
Answer: C
The put requires a short position in the underlying rather than a long position.
我选的是B，答案是C。但我怎么看都觉得答案的解释是印证了B选项。
有没有哪位大虾帮忙看看？
老兄，我的答案明明是B啊，你再下载试试看
啊？不是吧。。。。
旁友，我答案上是B
93. A description least likely to explain put-call parity is:
A. A fiduciary call option strategy and a protective put option strategy for an underlying asset are equal in value.
B. A put is equivalent to a long call, a long position in the underlying asset, and a long position in the risk-free asset.
C. A call is equivalent to a long put, a long position in the underlying asset, and a short position in the risk-free asset.
Answer: B
“Option Markets and Contracts”, Don M. Chance
2009 Modular Level I, Volume 6, pp. 106-110
Study Session 17-70-j Explain put-call parity for European options, and relate put-call parity to arbitrage and the construction of synthetic options. The put requires a short position in the underlying rather than a long position.
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