Which of the following statements is true?
A) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying a 4% charge against the gross position in the share.
B) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying an 8% charge against the gross position in the share.
C) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying a 4% charge against the net position in the share.
D) The BIS charges for unsystematic risk by adding the long and short positions in any given share and applying an 8% charge against the net position in the share.
Correct Answer:
Verified
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