On March 1,you Contract to Take Delivery of 1 Ounce

question 37

Multiple Choice

On March 1,you contract to take delivery of 1 ounce of gold for $495. The agreement is good for any day up to April 1. Throughout March,the price of gold hit a low of $425 and hit a high of $535. The price settled on March 31 at $505,and on April 1^st you settle your futures agreement at that price. Your net cash flow is:

• A) -$30.
• B) -$20.
• C) -$15.
• D) $10.
• E) $20.

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Definitions:

Internal Colonialism

The economic and political subjugation of the minority group within a country by the dominant group, leading to social inequalities.

Segregated School System

An education system where schools are divided based on racial, ethnic, or economic lines, leading to unequal opportunities and resources.

Colonized Peoples

Groups or communities that have been subjected to colonialism, where their territories and resources are dominated by a foreign power.

Internal Colonialism

A concept describing how a country's dominant group exploits minority groups for economic gain, treating them as colonized people within the same nation.