On June 1,you Contract to Take Delivery of 1 Ounce

question 14

Multiple Choice

On June 1,you contract to take delivery of 1 ounce of gold for $965. The agreement is good for any day up to July 1. Throughout June,the price of gold hit a low of $960 and hit a high of $990. The price settled on June 30 at $980,and on July 1^st you settle your futures agreement at that price. Your net cash flow is:

• A) -$20.
• B) -$15.
• C) -$5
• D) $15.
• E) $20.

---

Definitions:

Nurse Manager

A healthcare professional who oversees the nursing staff in a medical facility, ensuring effective patient care and compliance with policies and regulations.

Compassion Fatigue

Emotional exhaustion experienced by caregivers and medical professionals due to the stress of caring for patients over an extended period.

Workload

The amount of work assigned to or expected from a person within a given time period.

Exhausted

A state of extreme physical or mental fatigue, often resulting from prolonged stress, activity, or lack of sleep.