If You Bought a Futures Contract for £2

question 7

Multiple Choice

If you bought a futures contract for £2.60 per bushel and the contract ended at £2.70 after several days of trading of £2.52, £2.57, £2.62, £2.68, and £2.70.What would the mark to market sequence
Be?

• A)-.08, .05, .05, .06, .02
• B).08, -.05, -.05, -.06, -.02
• C).08, .03, -.02, -.06, -.10
• D)-.08, -.03, .02, .06, .10
• E).10, .06, .02, -.03, -.08

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Definitions:

Trapezius

A large triangular muscle extending over the back of the neck and shoulders, involved in moving, rotating, and stabilizing the scapula.

Deltoid

A large, triangular muscle covering the shoulder joint, involved in arm rotation and lifting.

Triceps Brachii

A major muscle of the upper arm responsible for extension of the forearm at the elbow joint.

Forearm

The region of the arm between the elbow and the wrist, consisting of two bones (radius and ulna) and various muscles, nerves, and blood vessels.