If You Benefit When a Security Decreases in Value, You

question 12

Multiple Choice

If you benefit when a security decreases in value, you have a ________ position in the security.

• A)long
• B)margined
• C)short
• D)covered
• E)wrapped

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Definitions:

David Koresh

The leader of the Branch Davidians religious sect, known for the 1993 Waco Siege involving a standoff with federal agents in Texas.

Religious Groups

Communities formed around shared beliefs and practices concerning the sacred, divine, or supernatural.

Sociologists

Experts in sociology who study the development, structure, and functioning of human society and social problems.

Categories

Classifications or groups into which objects, ideas, or entities are organized based on shared characteristics or attributes.