Question 10 Which of the following statements about short selling is least accurate？
A short sale involves securities the investor does not own.
B. A short seller loses if the price of the stock sold short decreases.
C. If the stock pays a dividend, the short seller owes the dividend to the lender of the stock.
D. A short seller is required to set up a margin account.
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按直线与三个投影面之间的相对位置，可分为：______ 和特殊位置直线，其中特殊位置直线又分为：______ 线，______ 线。
Question 8 The covariance of rates of return on two securities is most accurately described as the correlation of the asset returns:
A. divided by the product of the assets’ standard deviations of returns.
B. multiplied by the product of the assets’ variances of returns.
C. multiplied by the product of the assets’ standard deviations of returns.
D. divided by the product of the assets’ variances of returns.
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