The hedge ratio of an at-the-money call option on ibm is


The hedge ratio of an at-the-money call option on IBM is 0.17. The hedge ratio of an at-the-money put option is ?0.54. What is the hedge ratio of an at-the-money straddle position on IBM? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)

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Financial Management: The hedge ratio of an at-the-money call option on ibm is
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