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6. (1) min [0, X-S] (2) max[0, X-S] are the payoffs for what position on what kind of European option? Suppose X represents the strike

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6. (1) min [0, X-S] (2) max[0, X-S] are the payoffs for what position on what kind of European option? Suppose X represents the strike price in the option, and S represents the spot price at the expiration of the underlying asset. * mm A). (1) short put; (2) long call B). (1) long put; (2) long call C). (1) short call; (2) long put D). (1) short call; (2) short put E). none of the above

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