If You Sell a $100,000 Interest-Rate Futures Contract for 105,and

question 74

Multiple Choice

If you sell a $100,000 interest-rate futures contract for 105,and the price of the Treasury securities on the expiration date is 108,your ________ is ________.

• A)profit;$3000
• B)loss;$3000
• C)profit;$8000
• D)loss;$8000

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Definitions:

Migrant Worker

An individual who moves from one region or country to another in search of employment opportunities.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a national trade union center in the United States.

California Labor Relations Act

Legislation aimed at regulating the relationship between workers and employers in California, often focusing on collective bargaining rights.

Boycott

A collective and intentional act of abstaining from using, buying, or dealing with an organization as an expression of protest.