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Basic Question 0 of 4
The potential gains in a long position generally are ______ and the potential losses are ______.
B. no more than the value of the securities; no more than the value of the securities
C. no more than the value of the securities; unlimited
A. unlimited; no more than the value of the securities
B. no more than the value of the securities; no more than the value of the securities
C. no more than the value of the securities; unlimited
User Contributed Comments 0
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
compare positions an investor can take in an asset
calculate and interpret the leverage ratio, the rate of return on a margin transaction, and the security price at which the investor would receive a margin call
CFA® 2025 Level I Curriculum, Volume 3, Module 1.