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? To protect your current profit on Alphabet stock, you bought the collar shown on the Bloomberg screen. At what spot level will you be

? To protect your current profit on Alphabet stock, you bought the collar shown on the Bloomberg screen. At what spot level will you be protected from further losses if Alphabet stock were to fall? $1,680 (or $1,685) $1,601.97 $1,603.01 $1550

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