A futures contract is:

A) selling two investments that are both expected to lose in the future
B) buying two investments that are both expected to make a profit in the future
C) taking two positions whose gains and losses will offset each other
D) an agreement to buy or sell a commodity or financial asset at a specified price on a later date

D

Business

You might also like to view...

Dual agency is permitted if all parties to a transaction agree to it

Indicate whether the statement is true or false

Business

Suppose that the allowance factor for a job is 0.5 and the normal time is 5 hours. What is the standard time?

A) 5 hours B) 2.5 hours C) 10 hours D) 7.5 hours E) cannot determine with the given information

Business