You Sold One Corn Future Contract at $2

question 41

Multiple Choice

You sold one corn future contract at $2.29 per bushel.What would be your profit (loss) at maturity if the corn spot price at that time were $2.10 per bushel Assume the contract size is 5,000 ounces and there are no transactions costs.

• A)$950 profit
• B)$95 profit
• C)$950 loss
• D)$95 loss
• E)None of the options

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Definitions:

Recruiting Advantage

A competitive edge an organization has in attracting and hiring talent, often arising from its reputation, benefits, career development opportunities, or workplace culture.

Labour Unrest

A state of dissatisfaction among workers, often leading to disputes, strikes, or industrial action.

Internal Equity

Perceived equity of a pay system across different jobs within an organization.

Overtime Costs

Expenses incurred by employers when employees work beyond their scheduled or standard working hours, typically compensated at a higher rate.