One Alternative in Liquidating a Futures Contract Position Is to Wait

Multiple Choice

One alternative in liquidating a futures contract position is to wait until the ________. At that time the party ________ a futures contract accepts delivery of the underlying; the party that ________ a futures contract liquidates the position by delivering the underlying at the agreed-upon price.

A) settlement date; purchasing; sells
B) liquidation date; purchasing; sells
C) settlement date; selling; purchases
D) liquidation date; selling; purchases