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Delta You purchase a call option with a delta of .34. If the stock price decreases by $2.00, the price of the option will approximately

Delta You purchase a call option with a delta of .34. If the stock price decreases by $2.00, the price of the option will approximately

a. Increase by $.34.

b. Decrease by $.34.

c. Increase by $.68.

d. Decrease by $.68.

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