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
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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