FINANCE-Does put-call parity mean the put and the call option

QUESTION

Does put-call parity mean the put and the call option (of the same stock, with same expiration, with same strike price) have the same value/price?If not, for put and call to have the same prices, what must be the relationship between the strike price and the current stock price?

 

ANSWER:

REQUEST HELP FROM A TUTOR

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00