Assume You Have Just Purchased a Corn Futures Contract for 5,000

question 6

Multiple Choice

Assume you have just purchased a corn futures contract for 5,000 bushels at $3.24 per bushel. What will your percentage profit on the cash investment be if the price of corn rises $.10 per bushel in 4 months? Your initial margin requirement was $1,500.

• A)3.1%
• B)33%
• C)9.2%
• D)None of the above

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Definitions:

Telling

The act of conveying information or instructions verbally or through other communicative means.

Situational Leadership Model

A management theory proposing that effective leadership involves adjusting one's style to the maturity level of the individuals being led.

Leadership Styles

The various approaches to leadership, ranging from authoritarian to democratic to transformational, each with its unique methodology and application.

Event Behavior

The actions and reactions of individuals or groups in response to specific events or situations.