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Suppose the calculated hedge ratio using the Black-Scholes Option Pricing Model is 0.75. How many calls should be written to hedge 2,100 shares of stock?

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Suppose the calculated hedge ratio using the Black-Scholes Option Pricing Model is 0.75. How many calls should be written to hedge 2,100 shares of stock? 1) 750 2) 2,100 3) 2,800 4) None of the above

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