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A call will be worth $7 if a stock moves up to $46 or it will be worth $0 if the stock moves down to
A call will be worth $7 if a stock moves up to $46 or it will be worth $0 if the stock moves down to $38. According to binomial pricing, how many shares should you buy to be fully hedged if you sold 40 calls? Multiple Choice 25 shares O 35 shares (0) 40 shares O 15 shares 30 shares
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