You Purchased Five September Wheat Futures Contracts at the Open

question 75

Multiple Choice

You purchased five September wheat futures contracts at the open today and sold those contracts at the close.What is your total profit or loss on these contracts?

• A) -$750,000
• B) -$75,000
• C) -$7,500
• D) -$750
• E) -$75

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Definitions:

Atherosclerosis

Fatty degeneration of the walls of the arteries.

Myocardial Infarction

A medical condition commonly known as a heart attack, occurring when blood flow to the heart is severely reduced or stopped, causing tissue damage.

Cerebrovascular Accident (CVA)

A medical term for a stroke, an event leading to brain damage caused by a change in the brain's blood flow or the rupture of blood vessels.

Syncope

A temporary loss of consciousness usually related to insufficient blood flow to the brain, often called fainting.