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  3. 6-3) a protective put has a payoff that looks like

6-3) A protective put has a payoff that looks like a _______ . A) Long...

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Accounting

6-3) A protective put has a payoff that looks like a _______ .

A) Long Call

B) Short Call

C) Long Underlying Asset

D) Long Put

E) Short Put

PLEASE EXPLAIN ANSWER!!

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