Early exercise imposes a risk to all but one of the following transactions.
a. a short call
b. a short put
c. a protective put
d. an uncovered call
e. none of the above
Answer: C
Early exercise imposes a risk to all but one of the following transactions.
a. a short call
b. a short put
c. a protective put
d. an uncovered call
e. none of the above
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