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According to the PwC report China Aviation Oil, in order to avoid recording and reporting...

PRMIA 8009 Full Course Access
PRMIA 8009 View All Questions

According to the PwC report China Aviation Oil, in order to avoid recording and reporting losses, the company adopted which approach covering up its losses?

A.

selling short-term options with extremely low-risk profiles to generate premiums to cover the cost of closing out loss-making option positions

B.

selling long-term options with extremely low-risk profiles to generate premiums to cover the cost of closing out loss-making option positions

C.

selling short-term options with extremely high-risk profiles to generate premiums to cover the cost of closing out loss-making option positions

D.

selling long-term options with extremely high-risk profiles to generate premiums to cover the cost of closing out loss-making option positions

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