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Chapter 02 Asset Classes and Financial Instruments

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Question;79.;You purchased a;futures contract on corn at a futures price of 331, and at the time of;expiration the price was 343. What was your profit or loss?;A.;-$12.00;B.;$12.00;C.;-$600;D.;$600;80.;You sold a futures contract;on corn at a futures price of 350 and at the time of expiration the price was;352. What was your profit or loss?;A.;$2.00;B.;-$2.00;C.;$100;D.;-$100;81.;You sold a futures;contract on corn at a futures price of 331 and at the time of expiration the;price was 343. What was your profit or loss?;A.;-$12.00;B.;$12.00;C.;-$600;D.;$600;82.;You purchased a;futures contract on oats at a futures price of 233.75 and at the time of;expiration the price was 261.25. What was your profit or loss?;A.;$1375.00;B.;-$1375.00;C.;-$27.50;D.;$27.50;83.;You sold a futures;contract on oats at a futures price of 233.75 and at the time of expiration;the price was 261.25. What was your profit or loss?;A.;$1375.00;B.;-$1375.00;C.;-$27.50;D.;$27.50

 

Paper#55083 | Written in 18-Jul-2015

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