QUESTIONS 91 THROUGH 96 RELATE TO DERIVATIVE INVESTMENTS

92. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
92. A buyer would face the greatest risk of default with: A. a farmer making physical delivery on a short soybean futures position. B. an investment bank making cash settlement on a short euro futures position. C. a multinational firm making cash settlement on a short U.S. dollar forward contract.