ACI

3I0-012 · Question #445

A long collar is:

The correct answer is A. A purchase of a cap and a sale of a floor. See the full explanation below for the reasoning.

Question

A long collar is:

Options

AA purchase of a cap and a sale of a floor
BA purchase of a floor and a sale of a cap
CA purchase of a cap and a purchase of a floor
DA sale of a cap and a sale of a floor

How the community answered

(25 responses)

A
84% (21)
B
8% (2)
C
4% (1)
D
4% (1)

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Full 3I0-012 Practice