Multiple Choice
Which of the following items is specified in a futures contract?I) The contract sizeII) The maximum acceptable price range during the life of the contractIII) The acceptable grade of the commodity on which the contract is heldIV) The market price at expirationV) The settlement price
A) I, II, and IV
B) I, III, and V
C) I and V
D) I, IV, and V
E) I, II, III, IV, and V
Correct Answer:
Verified
Correct Answer:
Verified
Q64: To hedge a short position in Treasury
Q65: On April 1, you bought one S&P
Q66: The process of marking to market<br>A) posts
Q67: Normal backwardation<br>A) maintains that, for most commodities,
Q68: A decrease in the basis will _
Q70: A trader who has a _ position
Q71: Given a stock index with a value
Q72: On January 1, the listed spot and
Q73: If you took a long position in
Q74: The buyer of a futures contract is