If You Sell in March a Bond Future Contract for 110

question 64

Multiple Choice

If you sell in March a bond future contract for 110 that matures on June 30 of the same year, and at the maturity date the same future sells for 125, you have a ________ of $________.

• A) loss; 15000
• B) loss; 15
• C) profit; 15000
• D) profit; 15

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Definitions:

Transcontinental Railroad

A continuous rail line that spans a continent, typically referring to the major rail networks connecting the east and west coasts of the United States.

Protective Tariffs

These are taxes imposed on imported goods to protect domestic industries from foreign competition.

Canal System

A network of waterways constructed to allow for the transportation of goods and people, facilitating commerce and navigation.

Agricultural Inventions

Innovations and technological improvements that enhance agricultural efficiency, productivity, and sustainability.