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suppose you promised your friend 1 0 0 shares of stock A for their birthday, one year ahead. Which one of the following may you

suppose you promised your friend 100 shares of stock A for their birthday, one year ahead. Which one of the following may you want to do to hedge this promise?
Sell share shares of stack A today
Buy call options on stock A today
Buy put options on stock A today
Any of the above

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