Multiple Choice
If you took a long position in a pork bellies futures contract and then forgot about it, what would happen at the expiration of the contract?
A) Nothing-the seller understands that these things happen.
B) You would wake up to find the pork bellies on your front lawn.
C) Your broker would send you a nasty letter.
D) You would be notified that you owe the holder of the short position a certain amount of cash.
Correct Answer:
Verified
Correct Answer:
Verified
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