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1. For the writer of in-the-money covered calls, losses on the options contract will be nullified by gains on the stock. Group of answer choices

1. For the writer of in-the-money covered calls, losses on the options contract will be nullified by gains on the stock.

Group of answer choices

FALSE

TRUE

2.Closed-end funds and exchange-traded-funds (ETFs) are both liquidated by selling them on the open market.

Group of answer choices

FALSE

TRUE

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