You purchased a futures contract on corn at a futures price of 331, and at the time of expiration, the price was 343. What was your profit or loss?

A. -$12.00
B. $600
C. -$600
D. $12.00


Answer: B

Business

You might also like to view...

Which company uses 150 different signals — including dozens of online data feeds — to rate customer leads?

A) IBM B) Avon C) SAS D) FABV E) Infer

Business

Affect-driven behaviors are different from judgment-driven behaviors because they ______.

A. are driven by more long-term attitudes B. have (relatively) immediate consequences C. do not impact coworkers D. do not impact behaviors

Business

______ is a necessary and distinguishing characteristic of successful organizations.

a. Training and development departments b. Organizational change c. Organizational culture d. Conflict resolution

Business

The Civil Rights Act of 1964 prohibits job discrimination on the basis of merit

Indicate whether the statement is true or false

Business