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When informed of the scheme in (b) above, one middle level manager of A ltd stated that he could rather receive put options rather than
When informed of the scheme in (b) above, one middle level manager of A ltd stated that he could rather receive put options rather than call options as they could be more valuable to him Explain whether or not A ltd should agree to offer him put options (2 Marks) Is the manager correct in his statement that put options would be more valuable to him? (2 Marks)
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