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The hedge ratio of an at-the-money call option on IBM is 0.34. The hedge ratio of an at-the-money put option is-0.66. What is the hedge

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The hedge ratio of an at-the-money call option on IBM is 0.34. The hedge ratio of an at-the-money put option is-0.66. What is the hedge ratio of an at-the-money straddle position on IBM? (Negative answer should be indicated by a minus sign. Round your answer to 2 decimal place.) Hedge ratio

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