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13) A friend comes to you and says “Pssst

Finance

13) A friend comes to you and says “Pssst... Here is a great way to make money and you don't have to be an investment banker to do it. I know for a fact that the volatility of stocks decreases after stock price increases. One word for you. Straddles. Buy them and you'll be rich.” What do you say to your friend?

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