Question: QUESTION 4 S = 4 8 , x = 5 0 , C = $ 4 , P = $ 3 The correlation between a

QUESTION 4
S=48,x=50,C=$4,P=$3
The correlation between a long position in the underlying asset and purchasing a put option is q, when the price of the underlying asset is decreasing.
a. Zero
b. Equal to 12
c. Positive
d. Negative
e. Unknown
 QUESTION 4 S=48,x=50,C=$4,P=$3 The correlation between a long position in the

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