According to the put-call parity a synthetic short call, Financial Management

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According to the put-call parity a synthetic short call

Fill in the blanks and explain.

(1) According to the put-call parity, a synthetic short call position (-C) is created by _____ stock (S), _____ put (P), and _____ the present value of the strike price (X(1+r)-T).

(2) According to the put-call parity, a synthetic long put position (P) is created by _____ stock (S), _____ put, and _____ the present value of the strike price.

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