A Trader Sells a Gold Futures Contract at A$450

question 21

Multiple Choice

A trader sells a gold futures contract at A$450.00/oz and then closes it out at A$480.00/oz.Each contract is for 10,000 ounces of gold.What has been the change in the trader's position in the futures contract?

• A)Gain of $300,000.00
• B)Loss of $300,000.00
• C)Gain of $30.00
• D)Loss of $30.00

Understand the difference between diagnosis and assessment in the context of identifying mental disorders.

Recognize the challenges and factors affecting the reliability and validity of psychiatric diagnoses.

Understand the importance of a diagnostic system's ability to predict future behavior and treatment response.

Grasp the concept of predictive validity and concurrent validity in the context of diagnostic categories.