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LOS k: Describe the suitable uses of major trading tactics, evaluate their relative costs, advantages, and weaknesses, and recommend a trading tactic when given a description of the investor's motivation to trade, the size of the trade, and key market characteristics.
Q1. Which of the following trade motivations would most likely use a low-cost-whatever-the-liquidity trading focus?
A) Passive and value-motivated.
B) Liquidity and information-motivated.
C) Liquidity and value-motivated.
Q2. Which of the following characterizes a need-trustworthy-agent trading focus?
A) High commissions and potential leakage of information.
B) Low commissions and concealment of information.
C) High commissions and concealment of information.
Q3. Which of the following trading tactics would most likely be used by an information-motivated trader?
A) Liquidity-at-any-cost.
B) Need-trustworthy-agent.
C) Costs-are-not-important. | 
发表于 2009-4-10 12:30
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