By Selling Short a Futures Contract of $100,000 at a Price

question 60

Multiple Choice

By selling short a futures contract of $100,000 at a price of 96, you are agreeing to deliver ________.

• A) $100,000 face value securities for $104,167
• B) $96000 face value securities for $100,000
• C) $100,000 face value securities for $96000
• D) 100,000 face value securities for $100,000

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Definitions:

Anal Stage

In Freudian psychoanalysis, the second stage of psychosexual development, occurring from about age 2 to 3, where the focus of pleasure is the anus.

Unconscious Sexual Desires

Refers to desires, fantasies, or impulses that reside outside one's conscious awareness, often influencing behavior in subtle ways.

Phallic Stage

A phase in Freudian psychosexual development where a child's focus of libido is on the genital area and begins to identify with the same-sex parent.

Mother

A female parent who has given birth to, raised, or nurtured a child.