What position has more downside exposure: a short position in a call or a short position in

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What position has more downside exposure: a short position in a call or a short position in a put? That is, in the worst case, in which of these two positions would your losses be greater?

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Fundamentals of Corporate Finance

ISBN: 978-0321818171

2nd Canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Jan 05, 2019 12:49 PM

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What position has more downside exposure: a short position in a call or a short position in

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Downside exposure is larger w...View the full answer

Fundamentals of Corporate Finance

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