NO.PZ2023052301000011
问题如下:
A transaction where a hedge fund enters into a repo by taking a short position in a security with a view that its price will decline relative to the price of another security held is best described as:
选项:
A.
a reverse repo.
B.
a triparty repo.
C.
financing the ownership of a security.
解释:
A is correct. When viewed from the perspective of the security buyer (cash lender), a repo transaction is referred to as a reverse repurchase agreement or reverse repo. B is incorrect because under a triparty repo, both parties agree to use a third-party agent for the transaction. C is incorrect because financing the ownership of a security is not the purpose undertaken by the hedge fund.
b是什么意思………..