You hold the following portfolio: a long position in a European call option on gold with a strike of $975 per oz,a short position in a European put option on gold with a strike of $975 per oz,and a short forward position in gold with a delivery price of $1,000 per oz.All three contracts expire in one month.The value of your position is
A) Positive.
B) Negative.
C) Zero.
D) Can be positive,negative,or zero.
Correct Answer:
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