A Futures Contract Can Be Defined As

question 37

Multiple Choice

A futures contract can be defined as:

• A)a contract which provides something to be sold at a future date at a price decided today.
• B)a contract which provides something to be sold at a future date at a price decided upon expiry of the contract.
• C)a right given to a buyer to sell something at a price determined in advance.
• D)a contract that expires when the object of the transaction changes hands.

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Definitions:

Sample Size

Refers to the number of individuals or observations included in a sample, which represents a subset of the larger population.

N

Represents the sample size or the number of observations in a dataset.

Σ Symbol

A mathematical notation that represents the sum of a set of terms, known as the summation symbol.

Sum Of Values

The total obtained by adding together a sequence of numbers, quantities, or items.