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    Intermediate Accounting Study Set 12
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    Exam 4: Complex Financial Instruments
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    A Speculator's Objective Is to
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A Speculator's Objective Is to

Question 36

Question 36

Multiple Choice

A speculator's objective is to


A) reduce pre-existing risks.
B) take delivery of the underlying.
C) take advantage of information asymmetry.
D) maximize potential returns by being exposed to greater risks.

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