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[CFA模拟真题] 2006 CFA Level I -NO42

42. An investor who must pay an amount equal to a particular security's dividend to another investor is most likely using:

Select exactly 1 answers from the following:
A. margin. B. a short sale. C. a limit order. D. a market order.
答案和详解如下!
Feedback: Correct answer: B

Investment Analysis and Portfolio Management, 7th edition, Frank K. Reilly and Keith C. Brown (South-Western, 2003), pp. 125?27

2006 Modular Level I, Vol. III, pp. 249-251

Study Session 12-52-d, e

distinguish between call and continuous markets, compare and contrast the structural differences among national stock exchanges, regional stock exchanges, and the over-the-counter (OTC) markets, and compare and contrast major characteristics of exchange markets, including exchange membership, types of orders, and market makers;

describe the process of selling a stock short and discuss an investor likely motivation for selling short

 

A short seller borrows stock from another investor and must pay any dividends due on that stock to the lender; the corporation pays the dividend to the investor who purchased the stock from the short seller.

Correct answer: B

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上一主题:[CFA模拟真题] 2006 CFA Level I -NO15
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