If an Investor Who Has Previously Purchased a Futures Contract

question 89

True/False

If an investor who has previously purchased a futures contract wishes to liquidate his or her position,he or she would sell an identical futures contract with the same settlement date.

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Definitions:

Intensity

The degree of strength, power, or force of something, often related to sensations, feelings, or signals.

Blind Spot

An area in the visual field that lacks detection of light due to the absence of receptor cells on the optic disc of the retina.

Fovea

A small depression in the retina of the eye where visual acuity is highest, due to the concentration of cones.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which transmits visual information to the brain via the optic nerve.