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1) Which of the following best describes a naked short A. When you do not own the share you are shorting B. When your counterparty

1) Which of the following best describes a "naked" short

A. When you do not own the share you are shorting

B. When your counterparty does not own the shares they are allowing you to short

C. When you are levering a long position

D. When you are providing the shares to be shorted

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