Suppose You Purchase a September Cocoa Futures Contract at the Last

question 49

Multiple Choice

Suppose you purchase a September cocoa futures contract at the last price of the day as shown in the table below.What will be your profit or loss on this contract if the price turns out to be $1,707 per metric ton at expiration?
Futures:
Cocoa - 10 metric tons,$ per ton

• A)$30
• B)$110
• C)$150
• D)$1,100
• E)$1,500

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Definitions:

Mood Swings

Rapid and often extreme fluctuations in one's emotional state or mood.

Stress

A physical, mental, or emotional factor causing bodily or mental tension, which can arise from any event or thought that makes one feel frustrated, angry, or nervous.

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The process of breeding plants and animals for particular genetic traits, to enhance or develop specific characteristics.

Genetic Method

An approach in psychology that examines the influence of genetics on behavior and traits, studying how inherited characteristics impact individual differences.