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1. Which of the following is acquired (in addition to a cash payoff) when the holder of a put futures exercises? A. A long position

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1. Which of the following is acquired (in addition to a cash payoff) when the holder of a put futures exercises? A. A long position in a futures contract B. A short position in a futures contract C. A long position in the underlying asset D. A short position in the underlving asset

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