You Have Taken a Short Position in a Futures Contract

question 18

Multiple Choice

You have taken a short position in a futures contract on corn at $2.60 per bushel. Over the next 5 days the contract settled at 2.52,2.57,2.62,2.68,and 2.70. Before you can reverse your position in the futures market on the fifth day you are notified to complete delivery. What will you receive on delivery and what is the net amount you receive in total?

• A) $2.60; $-0.10
• B) $2.60; $0.10
• C) $2.60; $2.70
• D) $2.70; $-0.10
• E) $2.70; $2.60

Appreciate the importance of reliability and validity in psychological assessments.

Understand the impact of observer effects, including reactivity and bias, on the validity of observations and assessments.

Recognize the significance of intelligence tests and their criticisms.

Understand the concept of syndrome in the context of mental health.

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Definitions:

Aseptic Technique

A set of specific practices and procedures performed under carefully controlled conditions with the goal of minimizing contamination by pathogens.

Serrations

Jagged or toothlike edges on objects such as knives or saw blades, enhancing cutting efficiency.

Speculum

A medical tool used to hold open a body cavity or canal for examination purposes.

Retractor

A surgical instrument used to hold back underlying organs and tissues, so that body parts under operation are easily accessible.