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Hi Sir. I didn’t read the wuestion asking for collar and i though is options and answered based on option hedge!! Do i get any marks?
I have not seen the exam and so I cannot really answer you properly.
Certainly if it was clear from your answer that you understand how options work then you will get marks, even if you didn’t carry on and explain the collar.
Don’t worry too much 🙂
Thank you so much. I made very clear and super professional answer as i was absolutely confident with the question. Such a shame that I was in rush and didn’t notice is collar not option!
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