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    Exam 18: Path-Independent Exotic Options
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    Which of the Following Compound Options Has a Non-Monotone Delta
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Which of the Following Compound Options Has a Non-Monotone Delta

Question 9

Question 9

Multiple Choice

Which of the following compound options has a non-monotone delta function?


A) A call on a call.
B) A put on a put.
C) Both (a) and (b) .
D) Neither (a) nor (b) .

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