What is the long position of an options contract?
What will be an ideal response?
Answer: The option buyer or holder is said to have the long position of an options contract.
Business
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Frances McClurg favors the Roth IRA over the traditional IRA. What advantage does the Roth provide over the traditional IRA?
A) She can avoid income taxes when she withdraws. B) The earnings are tax deferred, unlike a traditional IRA. C) Contributions are tax deductible. D) It saves tax money for education.
Business
One characteristic of an annuity is that an equal sum of money is deposited or withdrawn each period
Indicate whether this statement is true or false.
Business