In 1950, Social Security benefits increased by over 50 percent

If you purchase a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106, your ________ is ________

A) profit; $4000 B) loss; $4000 C) profit; $6000 D) loss; $6000

If you sold a short contract on financial futures you hope interest rates

A) rise. B) fall. C) are stable. D) fluctuate.