The Price Established Today That Will Be Paid When a Commodity

question 41

Multiple Choice

The price established today that will be paid when a commodity is delivered at a later date is called the _________ price.

• A) futures
• B) long
• C) speculative
• D) term
• E) option

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Definitions:

Closed-end Fund

A type of investment fund with a fixed number of shares that are traded on the stock exchange, unlike mutual funds which continuously offer new shares or buy back existing shares.

Brokered Markets

Marketplaces where buyers and sellers are brought together by third-party brokers to facilitate transactions.

Continuous Auction Markets

Markets where buyers and sellers continuously submit competitive bids and offers, allowing for trades throughout the trading session.

Dealer Markets

Markets where dealers, who act as principals, buy and sell securities for their own accounts, providing liquidity and pricing to the market.