In your role as an investment analyst for the consumer goods sector, you have identified that The Coca$-$Cola Company $($Ticker: KO$)$ is overvalued at $$61\mathrm{.}15.$ The fundamentals of the company, along with the technical aspects and other market factors, indicate to you that the value is likely to move to somewhere close to $$55\mathrm{.}00.$ What is the proper market play?

Group of answer choices

• Take a short position on the stock.

• Take a long position on the stock.

• Take a long position on the stock option.

• Use margin to hedge the stock.

Answer rating: 100% (QA)

The question suggests that as an investment analyst you believe that The CocaCola Company Ticker KO is currently overvalued at 6115 Based on the compa... View the full answer