Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying a 4 per cent charge against the gross position in the share.
B) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying an 8 per cent charge against the gross position in the share.
C) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying a 4 per cent charge against the net position in the share.
D) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying an 8 per cent charge against the net position in the share.