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IBM stock currently sells for 92 dollars per share. The implied volatility equals 42.5. The risk-free rate of interest is 3.5 percent continuously compounded. If

IBM stock currently sells for 92 dollars per share. The implied volatility equals 42.5. The risk-free rate of interest is 3.5 percent continuously compounded. If you shorted an option on 100 shares of IBM stock price 89 and maturity of 3 months, how many shares of stock would you have to buy(sell ) to creat a delta neutral hedge.

333.33

161.84

61.791

30.0

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