If a financial manager earning interest on a future date were to buy Futures and interest rates end up going down, the position outcome would be:

A) Futures price falls; short earns a profit.
B) Futures price rises; short earns a loss.
C) Future price falls; long earns a loss.
D) Futures price rises; long earns a profit.

Answer: D

Business

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Which of the following best illustrates a technology-driven standard set by direct regulation?

A) a regulation that requires air filters to be set on high instead of low in order to give out cleaner air B) a regulation that requires the contaminants in water to be at a particular level so that it is potable C) a regulation that requires air quality in a city to be at a level so that the number of asthma cases will continue to decrease D) a regulation that requires the smoke from a factory to be filtered so that it minimizes the chances of lung disease in children

Business

Technology-forcing standards assume that once standards have been established, the industries will be forced to develop the technology needed to meet the standards

Indicate whether the statement is true or false

Business