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Basic Question 2 of 5
Which group of market participants is subject to huge gains and huge losses?
B. Speculators
C. Arbitrageurs
A. Hedgers
B. Speculators
C. Arbitrageurs
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe types of participants in commodity futures markets;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.