Question
Which of the following statements is correct? More than one answer is possible A hedger owns or planes to buy the underlying asset, a speculator
Which of the following statements is correct? More than one answer is possible
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| A hedger owns or planes to buy the underlying asset, a speculator does not. |
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| A speculator owns or planes to buy the underlying asset, a hedger does not. |
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| An airline buying long oil futures is an example of speculation. |
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| A politician buying cattle futures is an example of speculation. |
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
