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You own a stock which has risen from $10 per share to $32 per share. You wish to delay taking the profit but you are
You own a stock which has risen from $10 per share to $32 per share. You wish to delay taking the profit but you are troubled about the short run behaviour of the stock market. An effective action on your part would be to Select one: a. Purchase a put. O b. Purchase a call. c. Purchase an index option. d. Utilize a bearish spread. e. Utilize a bullish spread
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