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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Definitions:

Process Value Analysis

An examination method aimed at improving processes by identifying and eliminating non-value-adding activities, enhancing efficiency and effectiveness.

Core Processes

The critical operations or activities that are central to an organization’s purpose and often directly linked to its success or failure.

Social Media

Online platforms and technologies that enable users to create, share content, and participate in social networking.

Service And Product Quality

a measure of the excellence or state of being free from defects, deficiencies, and significant variations, applied to both tangible products and intangible services.