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hellokidbye hellokidbye
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2 years ago
Fred bought 600 shares of Edgewood stock at a price of $19. The stock is currently selling for $53 a share. To protect his profits, Fred should buy

▸ 600 call options with a strike price of $55.

▸ 600 put options with a strike price of $50.

▸ 6 call options with a strike price of $55.

▸ 6 put options with a strike price of $50.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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thevoicexxxthevoicexxx
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2 years ago
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hellokidbye Author
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2 years ago
Thanks
loki1345
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Yesterday
Correct Slight Smile TY
mikey3091
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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