You Expect to Deliver 42,000 Bushels of Wheat to the Market

question 51

Multiple Choice

You expect to deliver 42,000 bushels of wheat to the market in July.Today,you hedge your position by selling futures contracts on half of your expected delivery at the final price of the day.Assume that the market price turns out to be 582.0 when you actually deliver the wheat.How much more or less would you have earned if you had not bought the futures contracts?
Wheat - 5,000 bu.: u.S.cents per bu. $$\begin{array} { | l | l | l | l | l | } \hline & \text { Open } & \text { High } & \text { Low } & \text { Settle } \\\hline \text { Jul } & 559.0 & 562.4 & 559.0 & 561.5 \\\hline\end{array}$$

• A)$8,000 less
• B)$4,305 less
• C)neither more nor less
• D)$4,305 more
• E)$8,000 more

Identify and understand online security threats such as phishing.

Distinguish between various e-commerce and internet services and their roles.

Understand contemporary trends in e-commerce.

Understand the historical development and key concepts of intelligence testing.

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Definitions:

Isolationism

The desire to avoid foreign entanglements that dominated the U.S. Congress in the 1930s; beginning in 1935, lawmakers passed a series of Neutrality Acts that banned travel on belligerents’ ships and the sale of arms to countries at war.

International Conflicts

Disputes between different countries or nations, which can involve military, economic, or diplomatic disagreements and can escalate to war.

Defense Industries

Industry sectors that produce weapons, military technology, and equipment for the purpose of national defense and security.

Permanent Workers

Employees who are hired on an indefinite basis, often receiving full-time benefits and job security, as opposed to temporary or contract workers.