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If you a buy a put option on the Japanese yen, which of the following is true: You will make money if the yen weakens

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If you a buy a put option on the Japanese yen, which of the following is true: You will make money if the yen weakens If the yen strengthens significantly, you can lose more than your purchase price You cannot lose money because this is a hedging strategy The most you can make is the price you paid for the option

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