8.13. Describe what happens to the amount of stock held in the tracking portfolio for a call...

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8.13. Describe what happens to the amount of stock held in the tracking portfolio for a call (put) as the stock price goes up (down). Hint: Prove this by looking at delta.

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Financial Markets And Corporate Strategy

ISBN: 9780071157612

2nd Edition

Authors: Mark Grinblatt, Sheridan Titman

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