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A speculative short seller with a borrowing agreement would record a loss if - [Ignore the borrowing fees] A. the price of the security remained
A speculative short seller with a borrowing agreement would record a loss if - [Ignore the borrowing fees] A. the price of the security remained unchanged throughout the life of the borrowing agreement. . the price of the security went down between the purchase and the resale of the security. Cthe security borrower bought back the security at a higher price. D. the security lender recalled the security before the price went up. OE. the security borrowed was more expensive than the security sold. B A borrowing/lending agreement on a bond A. OB. O c. . E. guarantees that the voting right is kept by the bond lender during the lending period. guarantees that the legal ownership is kept by the bond lender during the lending period. stipulates that the coupons paid by the issuer of the bonds are passed onto the bond borrower. 'stipulates that the equivalent of the coupons on the bond lent are paid by the bond borrower to the bond lender. stipulates the interest rate paid by the bond borrower to the bond lender for the loan. O o .6 The maximum shares during an exchange of capital notes is calculated using OA the VWAP over a period of 20 days before exchange date B. the VWAP on the 25th day before the exchange date Cthe VWAP over a period of 20 days before call date different VWAPs depending on whether the conversion occurred on a mandatory exchange date or during a trigger event. None of the answers above is correct. D. E
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