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7. If you simultaneously own a put and a call with the same strike price in your portfolio, then you are perfectly hedged, i.e.,your total

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7. If you simultaneously own a put and a call with the same strike price in your portfolio, then you are perfectly hedged, i.e.,your total portfolio wealth will remain stable regardless of the fluctuations of the underlying stock. Assume the same strike price. (Hint: use the put's and call's kinks to help you think * (15) True False

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