CFA Practice Question

There are 275 practice questions for this study session.

CFA Practice Question

When Frank repurchases 100 shares of Intel, which he shorted, he is ______.

A. buying on margin
B. covering a short position
C. profiting from a reverse split
D. buying on an uptick
Correct Answer: B

User Contributed Comments 2

User Comment
rfvo or Closing his short position.
dipu617 Thanks rfvo.
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