Which of the following is equivalent to a short position in a European put option?
A. A short position in a cash-or-nothing put option plus a long position in an asset-or-nothing put option
B. A long position in an asset-or-nothing put option plus a long position in a cash-or-nothing put option
C. A long position in an asset-or-nothing call option plus a long position in a cash-or-nothing call option
D. A long position in an asset-or-nothing call option plus a short position in a cash-or-nothing call option
A
A short position in a European put is equivalent to a short cash-or-nothing put option (−KN(−d2)e-rT) and a long position in an asset-or-nothing put (S0N(−d1))
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Indicate whether this statement is true or false.