If You Sell a $100,000 Interest-Rate Futures Contract for 110,and

question 44

Multiple Choice

If you sell a $100,000 interest-rate futures contract for 110,and the price of the Treasury securities on the expiration date is 106,your ________ is ________.

• A)profit;$4000
• B)loss;$4000
• C)profit;$6000
• D)loss;$6000

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Definitions:

Indigenous Ancestry

The lineage or heritage of native populations who were original inhabitants of a particular region before the arrival of colonial or outside populations.

Urban Population

The segment of a nation's population that resides within cities, characterized by higher density of human structures and inhabitants than rural areas.

Virgin of Guadalupe

A title for the Virgin Mary associated with a celebrated Roman Catholic icon in Mexico, deeply venerated as the patroness of Mexico.

Spanish Cultures

The rich and diverse cultural practices, traditions, languages, and heritage of Spain and its people.