Which of the Following Is an Example of a "Forward

question 13

Multiple Choice

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

• 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 $100,000 US dollars in 120 days at US$ = 1.10 from another company.
• D)Pay interest at prime +3% in exchange for receiving interest at 5%.

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Definitions:

Age

A measure of the time someone or something has existed, often used as a determinant of the matureness or development stage.

Older Adults

Individuals who are in the later part of their life, often defined as being age 65 years and older.

Children

Individuals in the early stages of life, typically defined as persons under the age of 18 years.

Characteristic Adaptation

Adjustments or changes that an organism makes to its behavior, structure, or function in response to environmental demands.