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    Bank Management Study Set 1
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    Exam 9: Using Derivatives to Manage Interest Rate Risk
  5. Question
    When You Own the Underlying Security, Your Spot Position Is
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When You Own the Underlying Security, Your Spot Position Is

Question 5

Question 5

Multiple Choice

When you own the underlying security, your spot position is _______.


A) fat.
B) long.
C) short.
D) skinny.
E) a. and c.

Correct Answer:

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