By Selling Short a Futures Contract of $100,000 at a Price

question 103

Multiple Choice

By selling short a futures contract of $100,000 at a price of 115,you are agreeing to deliver ________ face value securities for ________.

• A) $100,000; $115,000
• B) $115,000; $110,000
• C) $100,000; $100,000
• D) $115,000; $115,000

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Definitions:

Taxonomy

The science of naming, describing, and classifying organisms; see systematics.

Organisms

Individual living entities that can carry out life processes independently, ranging from bacteria and fungi to plants and animals.

Energy Flow

Passage of energy in a one-way direction through an ecosystem.

Ecosystem

The interacting system that encompasses a community and its nonliving, physical environment. Compare with community.