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NEW QUESTION: 1
Which document describes the necessary information to determine if a project is worth the required investment?
A. Memorandum of understanding
B. Service level agreement
C. Business case
D. Cost baseline
Answer: C
NEW QUESTION: 2
A. Option B
B. Option A
Answer: B
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. buy calls
D. sell calls
Answer: D
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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