If You Use Futures Prices to Estimate the Cash Flows

question 65

Multiple Choice

If you use futures prices to estimate the cash flows from commodity production, the estimates are
I.present values of future cash flows
II.certainty equivalents;
III.same as the estimates using spot prices

• A)I only
• B)II only
• C)III only
• D)I and III only

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Definitions:

mRNA

Messenger RNA; a single-stranded RNA molecule that conveys genetic information from DNA to the ribosome, where they specify the amino acid sequence of the protein products of gene expression.

Complementary DNA

A form of DNA synthesized from a messenger RNA template, allowing for the study or manipulation of gene expression.

Reverse Transcriptase

An enzyme used by retroviruses to transcribe their RNA into DNA, allowing it to be integrated into the host's genome.

Template

A pattern or model used as a guide for making something accurately, including in DNA replication and transcription processes.