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Suppose You Have Sold Short YBM

Question 13

Multiple Choice

Suppose you have sold short YBM.To hedge this trade so as to "keep the upside" while "protecting the downside," you should add to your portfolio:


A) a short call on YBM
B) a long call on YBM
C) a long futures on YBM
D) a short futures on YBM
E) a long put on YBM

Correct Answer:

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