CFA Practice Question

There are 252 practice questions for this study session.

CFA Practice Question

If an investor believes a reference entity's credit quality will improve, she would:

A. buy protection now.
B. sell protection now.
C. sell protection later.
Correct Answer: B

She would hope to unwind her position later by purchasing it at a lower price.

User Contributed Comments 0

You need to log in first to add your comment.