Faith is a big fan of a popular musical group, so she created a place for other fans to communicate with each other online. Faith created a ________

________ are typically larger in the forward market than in the spot market for currency

A) Contract sizes B) Bank fees C) The bid-ask spreads D) Employee costs

Which of the following tax implications will result from selling your bonds at a lower price than what you paid for them eight months ago?

A) You have a short-term capital gain taxed at your ordinary income tax rate. B) You have a long-term capital gain subject to capital gains tax. C) You have a long-term capital loss. D) You have a short-term capital loss.