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A portfolio manager believes the price of AOC stock will fall over the next three months. The position most likely to result in a profit

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A portfolio manager believes the price of AOC stock will fall over the next three months. The position most likely to result in a profit if the manager is accurate is: a) Purchase a call option on AOC. Ob) Purchase a put option on AOC. O c) Take the long position in AOC. d) Write a put option on AOC

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