CFA Practice Question

There are 227 practice questions for this study session.

CFA Practice Question

The delta of one long share of stock is ______.

A. 1
B. 0
C. -1
Correct Answer: A

It is 1 by definition.

User Contributed Comments 1

User Comment
xn0315 can someone please explain why the delta of one long share is 1 and one short share is 0?
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