The Dollar Value of the Outstanding Futures Position Depends on The

question 49

Multiple Choice

The dollar value of the outstanding futures position depends on the:

• A)number of contracts bought and sold and the price of each contract
• B)cash exposure ratio
• C)number of contracts bought and sold and the change in interest rates
• D)contracts that should be sold per dollar of cash exposure

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Definitions:

Totem

A natural object, animal, or phenomenon regarded as a symbol representing clans, tribes, or families, carrying spiritual or cultural significance.

Durkheim

Emile Durkheim was a pioneering French sociologist who made significant contributions to the study of social structures, collective consciousness, and the role of societal norms and institutions.

Ritual

A set of fixed actions and sometimes words performed regularly, especially as part of a religious or cultural ceremony.

Sacred

Anything considered worthy of spiritual respect or devotion; often set aside from the profane or ordinary.