Examlex
Which of the following is true of R2?
Short-Sale
A trading strategy that involves selling borrowed securities with the expectation of buying them back at a lower price to profit from a decline in their value.
LIBOR
The London Interbank Offered Rate, previously a benchmark interest rate at which major global banks lend to one another.
Bankers' Acceptances
Short-term debt instruments issued by a company that is guaranteed by a commercial bank, commonly used in international trade.
Brokers' Calls
The interest rate charged by banks on loans extended to brokerage firms for the purpose of funding clients' margin accounts.
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