| I. | If you expect the British pound to appreciate in value, you should short the pound. |
| II. | If you expect interest rates to rise, you should go long on interest rate futures. |
| III. | If you expect the stock market to rise, you should go long on stock-index futures. |
| IV. | If you expect the stocks in your portfolio to temporarily decline in value, you should short stock-index futures. ◦ I and II only ◦ II and IV only ◦ III and IV only ◦ I and III only Post by: koswald on Mar 29, 2022 |