Currently

question 48

Multiple Choice

Currently,

• A)trading futures contracts on agricultural and mineral commodities makes up a majority of all trading.
• B)trading in financial futures involves more transactions than trading in commodity futures.
• C)futures trading is allowed only for financial assets.
• D)futures trading is allowed only for commodities.

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Definitions:

Half Time

A term typically associated with employment or academic status, indicating a work or study load that is half of what is considered full time.

Ratio

A quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.

Fair Market Value

The estimated price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Book Values

A term used in accounting to refer to the value of an asset as reported on the company's balance sheet, calculated as the cost of an asset minus any depreciation or amortization.