Solved

You Purchased a Futures Contract on Oats at a Futures

Question 39

Multiple Choice

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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions