[CFA level 1模拟真题]Version 2 Questions－Q48 face, class, required, received, investor

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Q48. Do "margin" in the stock market and "margin" in the futures market, respectively, mean that an investor has received a loan that reduces the amount of his own money required to complete the transaction?

"Margin" in the stock market              "Margin" in the futures market

A.            NO                                  NO

B.            NO                                  YES

C.            YES                                 NQ

D.            YES                                 YES

答案和详解如下：

Q48.   C  . Study Session 17-75.b

Margin in the stock market involves a loan used to buy securities whereas margin in the futures market is a down payment or a performance bond.

vivian1022

d

jungle1009

see

technet

c

ondesert

c

47dx

d

irismay

Thanks

一只船

A

Linda_SCB

x

yangyangda

c