A Contingent-Pay Option Is Replicated by Which of the Following

Multiple Choice

A contingent-pay option is replicated by which of the following combinations?

A) long an ordinary call and long an ordinary put
B) long an ordinary call and short a cash-or-nothing call
C) long an ordinary call and short an asset-or-nothing call
D) long an ordinary call and long an equity forward
E) long an ordinary call and long a risk-free bond