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You Sold One Wheat Future Contract at $6

question 81

Multiple Choice

You sold one wheat future contract at $6.04 per bushel. What would be your profit (loss) at maturity if the wheat spot price at that time were $5.98 per bushel? Assume the contract size is 5,000 bushels and there are no transactions costs.

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Definitions:

Independent E-marketplaces

Online platforms that connect buyers and sellers from various industries, allowing them to conduct transactions without traditional intermediaries.

Neutral Third Party

An independent entity that is not involved in the interests of any of the parties involved in a negotiation or conflict, providing impartial assistance.

Independent E-marketplaces

Online platforms that facilitate transactions between buyers and sellers from various industries without being managed by a single company or industry consortium.

Business-to-business Buying

The process where one business purchases goods or services from another business for use in production, operations, or resale.

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