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    Exam 27: The Theory of Active Portfolio Management
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    Perfect Timing Ability Is Equivalent to Having __________ on the Market
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Perfect Timing Ability Is Equivalent to Having __________ on the Market

Question 52

Question 52

Multiple Choice

Perfect timing ability is equivalent to having __________ on the market portfolio.


A) a call option
B) a futures contract
C) a put option
D) a commodities contract

Correct Answer:

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