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Which of the following statement regarding the strategy of floors is correct? It is long a call option combined with a short position in the

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Which of the following statement regarding the strategy of "floors" is correct? It is long a call option combined with a short position in the underlying asset Its goal is to insure against a steep rise in the price of underlying asset It is long a put option combined with a long position in the underlying asset It is short a call option combined with a long position in the underlying asset

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