E. Full solution.
By the tangent-chord theorem, \(\angle PBA=\angle BCA\), and the angle at \(P\) is common to triangles \(PBA\) and \(PCB\). Hence these triangles are similar, so \(\frac{AB}{BC}=\frac{PB}{PC}\).
Similarly, triangles \(PDA\) and \(PCD\) are similar, giving \(\frac{AD}{DC}=\frac{PD}{PC}\). But tangents from the same point are equal: \(PB=PD\). Therefore \(\frac{AB}{BC}=\frac{AD}{DC}\).
Now suppose the line through \(X\), parallel to \(BD\), meets sides \(AB\) and \(AD\). Then by similarity, \(\frac{AY}{AB}=\frac{AZ}{AD}=\frac{AX}{AC}\), so \(Y\) and \(Z\) divide the first links of the broken paths in the same ratio.
If instead the line meets sides \(BC\) and \(DC\), then similarly \(\frac{CY}{CB}=\frac{CZ}{CD}=\frac{CX}{CA}\), so the remaining parts of both broken paths have the same relative size.
Since the two full broken paths have the same ratio between corresponding links, in both cases the point on one broken path and the point on the other represent the same fraction of the path from \(A\) to \(C\).