Multiple Choice
If a financial manager earning interest on a future date were to buy Futures and interest rates end up going down, the position outcome would be:
A) Futures price falls; short earns a profit.
B) Futures price rises; short earns a loss.
C) Future price falls; long earns a loss.
D) Futures price rises; long earns a profit.
Correct Answer:

Verified
Correct Answer:
Verified
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