Question
Convertible Arbitrage performed very badly in both 1998 and 2008, why was that? a. Equity markets performed strongly in both periods b. The returns of
Convertible Arbitrage performed very badly in both 1998 and 2008, why was that?
a. Equity markets performed strongly in both periods
b. The returns of convertible arbitrage rely on short selling equities.
c. The returns of convertible arbitrage are sensitive to widening credit spreads.
d. The returns of convertible arbitrage reached their capacity constraint.
which one is correct
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
