Question: explain how auto insurance can be viewed as a put option. multiple choices are: the insurance company holds a put option the insured holds a

explain how auto insurance can be viewed as a put option.

multiple choices are:

the insurance company holds a put option

the insured holds a put option

the insurance company wrote a put option

the insured wrote a put option

A and B

A and C

A and D

B and C

B and D

C and D

all but A

all but B

all but C

all but D

all are true

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