Final answer:
The correct verb conjugation is 'vivimos'.
Step-by-step explanation:
The correct verb conjugation to complete the sentence is vivimos. The subject of the sentence is 'Mis padres y yo' which means 'My parents and I' in English. Since the subject is plural, the verb 'vivir' (to live) needs to be conjugated in the first person plural form, which is 'vivimos'.
Learn more about verb conjugation in Spanish