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Use the Figure for the Question(s)below

Question 20

Multiple Choice

Use the figure for the question(s) below. Use the figure for the question(s) below.   -This graph depicts the payoffs of a: A) short position in a put option at expiration. B) short position in a call option at expiration. C) long position in a put option at expiration. D) long position in a call option at expiration. E) long position in a call option before expiration.
-This graph depicts the payoffs of a:


A) short position in a put option at expiration.
B) short position in a call option at expiration.
C) long position in a put option at expiration.
D) long position in a call option at expiration.
E) long position in a call option before expiration.

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