AuthorTopic: question in reading 55
michlam14
@2013-12-20 23:04:16		 investor who buys stock of apple may use the financial sytem to:

1. manage risk
2. trade on information
3. borrow money

answer says 1 and 2 but only describes 2 and then talks about saving money which is not one of the responses above. Why isn't it 3 as well? it's in the notes, and i would have thought if an investor wants to trade on margin they will need to borrow money ?

lots more questions but this is one of em. thanks peeps

mich

CFA Discussion Topic: question in reading 55

To post a new topic or reply to a topic, please log in or register for a free user account.

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

Tamara Schultz