medium · CFA Level I derivatives

If Redhook Ports stock is trading at S_0 = 60 and the forward price for delivery in one year is F_0 = 63, what is the relationship between a European call and put with strike K = 63 and one year to expiry?

  1. The call must be more expensive than the put.
  2. The call and put premiums must be equal.
  3. The put must be more expensive than the call.

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