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A small sample of computer operators shows monthly incomes of $1,950, $1,775, $2,060, $1,840, $1,795, $1,890, $1,925, and $1,810. What are these ungrouped numbers called?
Futures Contracts
Financial contracts obligating the buyer to purchase an asset (like a commodity or financial instrument) and the seller to sell the asset at a predetermined future date and price.
Forward Contracts
Financial derivatives that obligate the buyer to purchase and the seller to sell a specific asset at a predetermined future date and price.
Marked-To-Market
Marked-to-market refers to the practice of valuing assets or financial instruments based on their current market prices.
Option Contract
A financial derivative that provides the buyer the right, but not the obligation, to buy or sell an asset at a specified price within a specific time period.
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