March What Futures Are Trading at $4

question 9

Multiple Choice

March what futures are trading at $4.20 a bushel and May wheat futures are trading at $4.35 a bushel. You expect the spread between May and March futures prices to widen. To speculate on this view, you would

• A) Go long March futures and short May futures.
• B) Go long May futures and short March futures.
• C) Go long May futures.
• D) Go long March futures.

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Definitions:

Opposite

Being in a position on the other side; facing something, especially something of the same type or a corresponding part.

Leaf Arrangement

The pattern or configuration in which leaves are distributed on the stem of a plant.

Node

A point in a plant where leaves, branches, or stems originate.

Trichomes

Hair-like outgrowths on the epidermis of plants, serving various functions such as reducing water loss and providing protection against herbivores.