If You Sold a Wheat Futures Contract for $3

question 24

Multiple Choice

If you sold a wheat futures contract for $3.75 per bushel and the contract ended at $3.60, what is your profit per bushel? (Ignore transaction costs.)

• A)−$3.60
• B)$0.15
• C)$3.60
• D)−$0.15

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Definitions:

Brain Disorders

A broad spectrum of health conditions affecting the brain and nervous system that can impact mental and physical functioning, ranging from epilepsy and dementia to psychiatric conditions like depression.

Serotonin

A neurotransmitter involved in regulating mood, appetite, and sleep, among other functions.

Endorphins

Biochemical compounds in the human body that act as natural painkillers and happiness boosters.