nerdexam
AFP

CTP · Question #52

(Topic 1) Which of the following would be MOST suitable for a risk-averse electronics manufacturer that uses copper in many of its components?

The correct answer is D. A costless collar using options on copper futures. See the full explanation below for the reasoning.

Question

  • (Topic 1)

Which of the following would be MOST suitable for a risk-averse electronics manufacturer that uses copper in many of its components?

Options

  • BA short position in copper futures
  • CA floor option on copper futures
  • DA costless collar using options on copper futures

How the community answered

(35 responses)
  • B
    17% (6)
  • C
    11% (4)
  • D
    71% (25)

Community Discussion

No community discussion yet for this question.

Full CTP Practice