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What might explain the volatility skew that is observed in many equity markets? A. Many people are long equity. B. The leverage effect C. Supply
What might explain the volatility skew that is observed in many equity markets? A. Many people are long equity. B. The leverage effect C. Supply and demand D. All the above E. A and C only F. A and B only G. B and C only H. None of the above
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