Question: Samantha would like to replicate the payoffs on a put option. A put option is not available in the market. Samantha can replicate the payoffs on her desired put position by:
a. Selling a call and the underlying stock, and purchasing a zero-coupon bond.
b. Purchasing a call and the underlying stock, and selling a zero-coupon bond.
c. Purchasing a call and a zero-coupon bond, and selling the underlying stock.