The Underlying Asset Type That Futures Contracts Were First Traded

question 27

Multiple Choice

The underlying asset type that futures contracts were first traded on were:

• A) stock indexes.
• B) foreign currencies.
• C) commodities.
• D) government bonds.

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Definitions:

Investment

The allocation of resources, such as time, money, or effort, in expectation of a future benefit or return.

Missing Value

A term used to describe data that is absent or not available in a dataset or equation.

Compounded Annually

Interest calculation method where the interest is added to the principal at the end of each year, impacting the amount in the following year.

Maturity Value

The amount that will be received at the end of a fixed-income investment period such as a bond or certificate of deposit.