Discussion

Explanation:

From the explanation seen till now we can rule out options 1, 3 and 4.

Now option 2 is only partially correct. We have seen that Chetan’s return would be higher than or equal to that of Bikram. It would be equal to Bikram’s return in the scenario when the share price remains at a constant value throughout the day.

∴ Option 2 is not always true.

Hence, option (e).

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