[Solved] A contract that results in the delivery of a futures contract when exercised is a A)put option. B)call option. C)naked option. D)futures option. Notes Issued: Refers to the act of issuing promissory notes, which are written promises to pay a specified sum of money to a certain party at a defined time or on demand. Maturity Value: The amount that is due at the maturity or due date of a note, which is the sum of the face amount and any interest. Note Payable: A written agreement to pay a specific amount of money, plus interest, by a certain date or upon demand. Discounted Note: A promissory note whose face value is reduced because it is sold or redeemable for less than its face value before its maturity date.