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Which of the following statements regarding options are true? I. Investors who are bullish on a stock should buy calls II. Investors who are bullish

Which of the following statements regarding options are true? I. Investors who are bullish on a stock should buy calls II. Investors who are bullish on a stock should buy puts III. Investors who are bearish on a stock should sell puts IV. Investors who are bearish on a stock should buy puts a. I and IV b. I and III c. II and III d. II and IV

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