You Purchased a Futures Contract on Oats at a Futures

question 74

Multiple Choice

You purchased a futures contract on oats at a futures price of 2.33, and at the time of expiration, the price was 2.61.What was your profit or loss?

• A)$1400.00
• B)-$1375.00
• C)-$27.50
• D)$27.50

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Definitions:

Stage 1

The initial phase in a sequence or process, often indicating the beginning of something.

Stage 4

Typically refers to the most advanced stage of cancer, indicating that the cancer has spread to distant organs or parts of the body.

Pressure Ulcer

A localized injury to the skin and/or underlying tissue usually over a bony prominence, resulting from prolonged pressure or friction.

Left Ankle

The joint connecting the foot with the leg on the left side of the body.