You Sold a Futures Contract on Oats at a Futures

question 65

Multiple Choice

You sold 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)$1375.00
• B)-$1400.00
• C)-$27.50
• D)$27.50

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National Output

The total value of all goods and services produced by a country over a specific period, often measured as Gross Domestic Product (GDP).

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