Question: 4. While the term 'short straddle'may seem far removed from an insurance company's investment policy, it is not uncommon for an insurer to be in

4. "While the term 'short straddle'may seem far removed from an insurance company's investment policy, it is not uncommon for an insurer to be in a position similar to that of the short straddle" Do you agree to the above sentence? Explain why or why not. (6)
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