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(Choose 1 answer)
With any hedge
A. according to the rule of zero-sum game, your losses on one side should about equal your gains on the other side.
B. you should try to make money on both sides of the transaction: that way you make money coming and going.
C. you should spend at least as much time working the hedge as working the underlying deal itself.
D. you should agree to anything your banker puts in front of your face.


Q: 10