- CFA Exams
- CFA Level I Exam
- Study Session 12. Equity Investments (1)
- Reading 36. Market Organization and Structure
- Subject 1. The Functions of the Financial System
CFA Practice Question
A(n) ______'s object is to earn a return in excess of the fair rate of return.
A. hedger
B. investor
C. information-motivated trader
Explanation: Information-motivated traders trade to profit from information that they believe allows them to predict future prices.
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