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2. Suppose the portfolio you are managing has a negative beta, what index options would you consider hedging the downside risk? Your answer: _______(a) In

2. Suppose the portfolio you are managing has a negative beta, what index options would you consider hedging the downside risk? Your answer: _______(a) In the money put (b) At-the-money put (c) Out-of-the-money put (d) Out-of-the-money call

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