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Question 564 - CTFA discussion
When one buys a cash instrument, for example 100 shares of ABC Inc., the payoff is linear(disregarding the impact of dividends). If share are purchased at $50 and the price appreciated to $75, we have ________ on a mark-to-mark basis.
A.
Made $2500
B.
Lost $2500
C.
Made $2500
D.
None of these
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