The buyer of a futures contract
A) assumes the short position.
B) has the obligation to deliver the underlying financial instrument at the specified date.
C) has the obligation to receive the underlying financial instrument at the specified future date.
D) may, at his or her option, deliver or receive the underlying financial instrument at the specified date.
C
Economics
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The above table gives data for the nation of Sueland. What is the value of net exports?
A) $43 billion B) $234 billion C) -$43 billion D) $511 billion
Economics
Economic models
A) are used to explain how people think. B) are used to explain how people behave. C) are essential representations of the real world. D) are never used for making economic projections or predictions.
Economics