Each Power Steering Unit Needs 10 1/4 Inches of Power

question 2

Multiple Choice

Each power steering unit needs 10 1/4 inches of power steering return hose. How many inches of hose are needed to replace the hose in seven units?

• A) 65 1/2
• B) 67 5/8
• C) 71 3/4
• D) 76

---

Definitions:

Hedged Delivery

A technique used in trading and finance to mitigate risk by taking opposite positions in a market to protect against price movements.

Futures Contract

Agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Corn

A cereal plant that yields large grains, or kernels, set in rows on a cob; often grown as food for humans and fodder for animals.

Futures Price

The agreed-upon price for a financial instrument or commodity to be delivered and paid for at a future date.