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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