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:

Optimist

An individual who tends to maintain a positive outlook on life and anticipates favorable outcomes, focusing on potential opportunities even in the face of difficulties.

Denial

A defense mechanism where an individual refuses to accept reality or facts, blocking external events from awareness.

Adaptive Coping Responses

Adaptive coping responses are constructive strategies individuals use to manage stress, challenges, or adversity effectively.

Social Support

Refers to the psychological and material resources provided by a social network to help individuals cope with stress and challenges.