Which of the following is acquired (in addition to a cash payoff) when the holder of a put futures exercises?
A. A long position in a futures contract
B. A short position in a futures contract
C. A long position in the underlying asset
D. A short position in the underlying asset
B
The holder of the put acquires a short futures position which can be immediately closed out if desired.
Business
You might also like to view...
_____________ includes not only our homes, but also our places of work, commerce, worship, government, education, recreation, and entertainment.
Fill in the blank(s) with the appropriate word(s).
Business
A(n) _____ is a series of related ads focusing on a common theme, slogan, and set of advertising appeals.
Fill in the blank(s) with the appropriate word(s).
Business