CISI International Certificate in Wealth & Investment Management ICWIM Question # 1 Topic 1 Discussion

CISI International Certificate in Wealth & Investment Management ICWIM Question # 1 Topic 1 Discussion

ICWIM Exam Topic 1 Question 1 Discussion:
Question #: 1
Topic #: 1

The Arbitrage Pricing Theory (APT) assumes investors can sell short. This involves:


A.

Not selling the whole of your shareholding in one trade


B.

Selling something you do not own, intending to buy it back at a lower price later


C.

Selling your shares and buying them back a short time later


D.

Selling lots of securities over a short time frame


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