Q6. Frank Mercer invests on the behalf of institutional clients and tracks the MSCI World index. Which of the following is the best characterization of Mercer as an investor? Mercer is a(n): A) beta grazer. B) delta hedger. C) alpha hunter.
Q7. Which of the following market actor’s trades would be most likely to have no affect on movements in the overall stock market? A) Contrarian valuators. B) Rebalancers. C) Holders.
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