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NEW QUESTION: 1
Which document describes the necessary information to determine if a project is worth the required investment?
A. Cost baseline
B. Memorandum of understanding
C. Service level agreement
D. Business case
Answer: D
NEW QUESTION: 2
A. Option A
B. Option B
Answer: A
NEW QUESTION: 3
Bubba owns 200 shares of XYZ at $90, and wishes to hedge the position while generating income. What
is the best recommendation?
A. sell puts
B. buy puts
C. sell calls
D. buy calls
Answer: C
Explanation:
sell calls. Calls are covered by the underlying stock. If the calls were exercised, the stock
would be delivered to meet the obligation. The income also reduces the break-even of the stock.
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