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Basic Question 2 of 5

Which group of market participants is subject to huge gains and huge losses?

A. Hedgers
B. Speculators
C. Arbitrageurs

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe types of participants in commodity futures markets;

CFA® 2025 Level II Curriculum, Volume 5, Module 33.