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Basic Question 2 of 16

The potential gains in a long position generally are ______ and the potential losses are ______.

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

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Your review questions and global ranking system were so helpful.
Lina

Lina

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® 2024 Level I Curriculum, Volume 3, Module 1.