In Reference to the Futures Market, a "Speculator

question 65

Multiple Choice

In reference to the futures market, a "speculator"

• A)attempts to profit from a change in the futures price.
• B)wants to avoid price variation by locking in a purchase price of the underlying asset through a long position in the futures contract or a sales price through a short position in the futures contract.
• C)stands ready to buy or sell contracts in unlimited quantity.
• D)both b and c

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