Use the Table for the Question(s)below

question 46

Multiple Choice

Use the table for the question(s) below.

-Suppose oil futures prices are as given in the above table (price per barrel) .Suppose you buy 100 crude oil futures contracts,each for 1000 barrels of crude oil,at the current futures price of $108 per barrel on day 0.What is your cumulative profit/loss in your margin account by the end of day 5?

• A)-$300,000
• B)$300,000
• C)$400,000
• D)-$400,000
• E)$0

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Definitions:

Meninges

The three membranes (the dura mater, arachnoid, and pia mater) that envelop the brain and spinal cord, providing protection.

Epidural space

The area between the dura mater and the vertebral wall, containing fat and small blood vessels, often involved in epidural anesthesia.

Axons

Long, slender projections of nerve cells that transmit electrical impulses away from the neuron's cell body.

Nerve impulses

Electrical signals that travel along the nerve fibers, responsible for transmitting information throughout the body.