Use the Table for the Question(s)below

question 46

Multiple Choice

Use the table for the question(s) below.

-Suppose oil futures prices are as given in the above table (price per barrel) .Suppose you buy 100 crude oil futures contracts,each for 1000 barrels of crude oil,at the current futures price of $108 per barrel on day 0.What is your cumulative profit/loss in your margin account by the end of day 5?

• A)-$300,000
• B)$300,000
• C)$400,000
• D)-$400,000
• E)$0

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Definitions:

Contexts

Circumstances or conditions that surround a particular event, situation, or individual, providing background information that can affect its interpretation or understanding.

Range of Reaction

The concept that an individual's genetic makeup establishes a range for potential phenotypic outcomes, which can be influenced by the environment.

Behavior Genetics

The field of study that examines how genes and environment combine to influence the diversity of human traits, abilities, and behaviors.

Canalization

A genetic term referring to the tendency of an organism to develop in a predetermined way, despite variations in environment or genetics.