If you sell a $100,000 interest-rate futures contract for 105, and the price of the Treasury securities on the expiration date is 108, your ________ is ________
A) profit; $3000
B) loss; $3000
C) profit; $8000
D) loss; $8000
B
You might also like to view...
The U.S. economy rarely grows.
Answer the following statement true (T) or false (F)
The opportunity cost of a college education includes wages lost while enrolled in school.
Answer the following statement true (T) or false (F)
Along a curve, when one variable increases, the other variable decreases. The curve showing this relationship
A) might be horizontal. B) has a positive slope. C) has a negative slope. D) has an increasing then a decreasing slope.
The Bigdrill company drills for oil, which it sells for $200 million to the Bigoil company to be made into gas. The Bigoil company's gas is sold for a total of $600 million
What is the total contribution to the country's GDP from companies Bigdrill and Bigoil? A) $200 million B) $400 million C) $600 million D) $800 million