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Park investor LTD holds 26,350 shares of Delta company. These shares have a market price of 39$. A call option on Delta company with a
Park investor LTD holds 26,350 shares of Delta company. These shares have a market price of 39$. A call option on Delta company with a strike price of 40$ is selling at 2.5$ and has a delta of .34. what is the number of call options necessary to create a delta-neutral hedge?
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