vestor with aPosiEion benefits from a decrease in stock price a. long d. margin 21. You keep the same percentage of your assets in the different attempt to pick the best performing securities in e allocation and ach sector. You have a(n) asset a(n) security selection. a. aetive; active b. active; passive c. passive; passive d. passive; active e none of the above 22. You short a stock at a price of $125 per share and cover the short at a price of $139 per share What was your return? a. b. c. d. e. -11.2% -10.1% 8.2% 10.1% 11.2% You purchase 200 shares of stock selling at S75 per share with a 50% margin. The stock price rises to $90. What is your percentage return? 23. a. 10% b. 18% c.20% d. 28% e. 4096 24. A(n)contract gives the owner the right, but not the obligation, to buy or sell a specific asset at a specified price for a set period of time. a. futures b. option c. forward d. exercisable e. term