A financial institution that goes long in the futures market:
A. has the right to accept delivery of the underlying security at the contract price if they wish.
B. has the right to make delivery of the underlying security at the contract price if they wish.
C. is obligated to accept delivery of the underlying security at the contract price.
D. is obligated to make delivery of the underlying security at the contract price.
E. is exposed to limited losses and unlimited gains.
C. is obligated to accept delivery of the underlying security at the contract price.
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Answer the following statement true (T) or false (F)
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