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An election with four candidates (A, B, C, and D) and 180 voters will use the Plurality Method to choose a winner. After 120 ballots have been recorded, A has 26 1st choice votes, B has 18 1st choice votes, C has 42 1st choice votes, and D has 34 1st choice votes. What is the minimum number of the remaining 60 1st choice votes that A must receive in order to guarantee that no candidate will receive a majority of 1st choice votes?
Oil Future Contract
A legal agreement to buy or sell a specific amount of crude oil at a predetermined price at a specified time in the future.
Spot Price
The existing cost at which an asset is available for immediate purchase or sale.
Profit/Loss
The financial result of business operations or investment activities, calculated as the difference between revenues and the costs associated with generating those revenues.
Contract Size
The deliverable quantity of commodities or financial instruments specified in a contract that an investor agrees to buy or sell.
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