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Your parents bought a contract from Michigan Education Trust (MET) that pays off four-years of undergraduate tuition fees no matter how much the tuition fees

Your parents bought a contract from Michigan Education Trust (MET) that pays off four-years of undergraduate tuition fees no matter how much the tuition fees may increase. Your parents have what equivalent option position on your tuition fees?

Group of answer choices

Long Put

Short Put

Long Call

Short Call

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