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

question 14

Multiple Choice

On June 1,you contract to take delivery of 1 ounce of gold for $965. The agreement is good for any day up to July 1. Throughout June,the price of gold hit a low of $960 and hit a high of $990. The price settled on June 30 at $980,and on July 1^st you settle your futures agreement at that price. Your net cash flow is:

• A) -$20.
• B) -$15.
• C) -$5
• D) $15.
• E) $20.

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Definitions:

Racial Freedom

Racial freedom refers to the state in which individuals and groups are free from racial discrimination and oppression, enjoying equality and justice regardless of race.

Young Women's Christian Association (YWCA)

An international organization aimed at empowering women and girls, promoting justice, peace, dignity, and freedom for all.

Racial Justice

The systematic fair treatment of people of all races that results in equitable opportunities and outcomes for everyone.

Racial Tourism

The practice of visiting places or participating in activities to engage with cultures other than one's own, sometimes criticized for being superficial or exploitative.