Which of the following is true of a box spread?

A. It is a package consisting of a bull spread and a bear spread
B. It involves two call options and two put options
C. It has a known value at maturity
D. All of the above

D

A, B, and C are all true.

Business

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Patents discourage companies from committing themselves to extensive basic research.

a. true b. false

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The Civil Rights Act of 1866 protected the blacks against:

A. discrimination in transportation and accommodations. B. ethnic violence. C. employment discrimination. D. discrimination in practicing their religion.

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