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CTP · Question #361
(Topic 4) Economists are forecasting a rise in gas prices within the next 3 months. Charged with the task of establishing a risk mitigation approach for the company, the CRO has determined that the…
The correct answer is D. made a quantitative assessment. See the full explanation below for the reasoning.
Question
- (Topic 4)
Economists are forecasting a rise in gas prices within the next 3 months. Charged with the task of establishing a risk mitigation approach for the company, the CRO has determined that the company has considerable exposure to fluctuations in gas prices. In coming to this conclusion, the CRO:
Options
- Aassessed financial derivatives.
- Bmade a qualitative assessment.
- Dmade a quantitative assessment.
How the community answered
(21 responses)- A19% (4)
- B10% (2)
- D71% (15)
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