Which One of the Following Statements Concerning Financial Futures Is

question 38

Multiple Choice

Which one of the following statements concerning financial futures is correct?

• A) Except for short-term securities, interest rate futures are quoted based on a percentage of the par value of the underlying debt security.
• B) Stock-index futures are priced at an amount equal to the value of the index.
• C) Foreign currency futures are based on 100,000 units of the foreign currency.
• D) An investor who is long on a financial future losses money when the value of the future rises.

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Definitions:

Intimate

Intimate refers to a close, familiar, and usually affectionate or loving personal relationship with another person or group.

Commited

Demonstrating a strong dedication or allegiance to a cause, activity, or relationship, often implying a sense of responsibility and engagement.

Self-Disclosure

Open communication in which one person offers his or her honest thoughts and feelings to another person in the hope that truly open communication will follow.

Affective Qualities

Characteristics that elicit emotions or feelings, contributing to one's emotional response to an object, situation, or individual.