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25 . How many shares would be required to hedge a position of 7 put options with a delta of -.63 each? 26. What happens

image text in transcribed 25 . How many shares would be required to hedge a position of 7 put options with a delta of -.63 each? 26. What happens to a call option's gamma and delta as the underlying stock rises? a. Gamma falls, delta rises. b. Gamma falls, delta falls. c. Gamma rises, delta rises. d. Gamma rises, delta falls

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