By Selling Short a Futures Contract of $100,000 at a Price

question 62

Multiple Choice

By selling short a futures contract of $100,000 at a price of 115, you are agreeing to deliver ________.

• A) $100,000 face value securities for $115,000
• B) $115,000 face value securities for $110,000
• C) $100,000 face value securities for $100,000
• D) $115,000 face value securities for $115,000