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A butterfly spread position in options is appropriate when the investor expects __________. A. that the stock price will rise. B. that the stock price
A butterfly spread position in options is appropriate when the investor expects __________.
A. that the stock price will rise. B. that the stock price will fall C. a large move in the stock price, but is unsure which direction D. little or no change in the stock price E. None of the above
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