Which of the Following Is an Example of a "Future

question 39

Multiple Choice

Which of the following is an example of a "future"?

• A)Right to buy 100 shares of CIBC over the next 5 years.
• B)Commitment to buy 100 barrels of oil next month at $125/barrel on the Chicago Mercantile Exchange.
• C)Commitment to buy $100,000 U.S. dollars in 120 days at US$ = 1.10 from another company.
• D)Pay interest at prime +3% in exchange for receiving interest at 5%.

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Definitions:

Visual Modalities

The various ways in which information can be visualized or perceived through sight, including through graphs, images, and videos.

Kinesthetic

Kinesthetic relates to learning through physical activities rather than passive listening or watching, often involving the sense of movement.

Accepted

Being received or recognized as valid, suitable, or fulfilling certain requirements or criteria.

Ethnic Minorities

Ethnic minorities are groups within a population that have different national or cultural traditions from the majority population.