Shaq Buys a Futures Contract Today

question 3

Multiple Choice

Shaq buys a futures contract today.Which of the following is true?

• A) Shaq agrees to buy the asset at a fixed price at some future date.
• B) Shaq will get dividends on the underlying asset.
• C) Shaq acquires voting rights on the asset.
• D) Shaq will have to return the asset when closing out his position.
• E) None of these answers are correct.

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