Q1. Of the diversification techniques, the one that is most likely to have the greatest tax costs is: A) use of exchange funds. B) outright sale. C) implementation of a hedge.
Q2. Of the diversification techniques, the one that is most likely to result in immediate diversification, but require that the investor’s funds will be tied up for a fixed period of time is: A) establishment of a completion portfolio. B) implementation of a hedge. C) use of exchange funds.
Q3. Of the diversification techniques, the one that is most likely to be cost effective, but also effectively limit any further gains on the concentrated position is: A) implementation of a hedge. B) outright sale. C) use of exchange funds.
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发表于 2009-1-20 09:39
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