Put-call parity | Finance & Capital Markets | Khan Academy
In mathematics, parity is the property of an integer's inclusion in one of two categories: even or odd. An integer is even if it is evenly divisible by two and odd if it is not even. For example, 6 is even because there is no remainder when dividing it by 2. By contrast, 3, 5, 7, 21 leave a remainder of 1 when divided by 2. Examples of even numbers include −4, 0, 82 and 178. In particular, zero is an even number. Some examples of odd numbers are −5, 3, 29, and 73.
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