Multiple Choice
Which of the following statements is TRUE?
A) The buyer of a futures contract is said to be long futures.
B) The buyer of a futures contract is said to be long futures
C) The seller of a futures contract is said to be long futures
D) The buyer of a futures contract is said to be short futures.
E) The buyer of a futures contract is unwinding a long position.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: An option buyer must exercise the option
Q42: A one-year call option has a strike
Q43: The value of a put option at
Q44: A call option in which the stock
Q45: The CBOE brought numerous innovations to the
Q47: Forward and future contracts, as well as
Q48: The payoffs to both the long and
Q49: Consider a stock that is currently trading
Q50: A stock currently trades for $25. January
Q51: The price at which a futures contract