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Options
- A
The highest price prevailing across the stock exchange from the day of trading till the auction/close out day
- B
20% above the official closing price on the auction day
-
Whichever is higher from the above
Correct answer
- D
None of the above
Why this is the answer
In short deliveries, if no sellers are available during the auction, the Clearing Corporation closes out by compensating the buyer at either the highest price from trading to auction day or 20% above the auction day closing price, whichever is higher.
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