Question
Joe is trying to lower the risk in his portfolio. He is fearful that the market could decline a 10% over the next 6 months.
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Joe is trying to lower the risk in his portfolio. He is fearful that the market could decline a 10% over the next 6 months. Which of the following transactions will help him achieve his goal?
a. Rotate from low beta stocks to high beta stocks
b. Purchase call options on financial stocks
c. Purchase put options on the S&P 500
d. None of the above
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
