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IS TORRES' RESPONSE TO BING MOST LIKELY CORRECT
IS TORRES' RESPONSE TO BING MOST LIKELY CORRECT
2013 L3 SAMPLE EXAM V2
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17. Is Torres' response to Bing most likely correct?
A. Yes.
B. No, he is incorrect about hedging ability of the swap.
C. No, he is incorrect about the sensitivity of the overall position.
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17.
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2013 L3 SAMPLE EXAM V2