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A collar with a net outlay of approximately zero is an options strategy that A. combines a put and a call to lock in a
A collar with a net outlay of approximately zero is an options strategy that
A. combines a put and a call to lock in a price range for a security.
B. uses the gains from sale of a call to purchase a put.
C. uses the gains from sale of a put to purchase a call.
D. combines a put and a call to lock in a price range for a security and uses the gains from sale of a call to purchase a put.
E. combines a put and a call to lock in a price range for a security and uses the gains from sale of a put to purchase a call.
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