What kind of bet does this security represent? Note that D(0)=20, D(10)=20, D(30)=0, D(50)=20, and D(60)=20. Payoff
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Question:
What kind of bet does this security represent?
Note that D(0)=20, D(10)=20, D(30)=0, D(50)=20, and D(60)=20.
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