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.
You might also like to view...
A symbol or name used to identify a product or service is called a
a. copyright. b. patent. c. trademark. d. license.
Which of the following best prompts action in a persuasive message?
a. We look forward to hearing from you at your earliest convenience. B. Our professional landscaping services will help you make a good first impression with your customers. Call us by June 30 to take advantage of our summer discount. c. If you agree that our landscaping services can help you in some way, we hope to hear from you soon. d. We know that you'll want to use our landscaping services, so we'll come by on Monday morning to finalize the contract.
The existence of uncollectible accounts is evidence of poor credit policies
Indicate whether the statement is true or false
Discuss the product development strategy
What will be an ideal response?