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Buying a 6 month call option on the S&P 500 index at strike price K and simultaneously buying a STRIP that pays off $K in

Buying a 6 month call option on the S&P 500 index at strike price K and simultaneously buying a STRIP that pays off $K in 6 months guarantees that your portfolio will have a minimum value of K in 6 months, while maintaining upside exposure to the market.

1.True 2. False 3. Uncertain

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