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

---

Definitions:

Self-serving

Acting in a way that benefits oneself, often at the expense of others or ethical principles.

Conduct

The manner in which an individual behaves or performs in a professional or personal setting.

Ethical Reasoning

involves using moral principles and values to evaluate and make decisions about what is right or wrong in various situations.

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.