Multiple Choice
In reference to the futures market,a "speculator"
A) attempts to profit from a change in the futures price.
B) wants to avoid price variation by locking in a purchase price of the underlying asset through a long position in the futures contract or a sales price through a short position in the futures contract.
C) stands ready to buy or sell contracts in unlimited quantity.
D) wants to avoid price variation by locking in a purchase price of the underlying asset through a long position in the futures contract or a sales price through a short position in the futures contract,and also stands ready to buy or sell contracts in unlimited quantity.
Correct Answer:

Verified
Correct Answer:
Verified
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