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Which of the following statements concerning stock collars is true? It is illegal for a corporate insider to purchase a collar on their stock. Purchase

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Which of the following statements concerning stock collars is true? It is illegal for a corporate insider to purchase a collar on their stock. Purchase of a collar on one's portfolio of stock increases the risk of the portfolio. Corporate insiders do not have to report their derivative trades to the Securities and Exchange Commission. Purchase of a collar involves buying a put option and selling a call option

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