A Wheat Futures Contract Is Quoted in Cents Per Bushel

question 41

Multiple Choice

A wheat futures contract is quoted in cents per bushel with a contract unit of 5,000 bushels. If the contract is quoted at a settle price of 529, then the value of one wheat futures contract is

• A) $529.
• B) $2,645.
• C) $26,450.
• D) $9,451.80.

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Definitions:

Gender Constancy

The understanding that one's gender identity is fixed and remains constant over time, regardless of external changes in appearance or behavior.

Social Development

The increasing complexity of behavior patterns used in relationships with other people.

Personality Development

The growth and changes in a person's character and behavior patterns over time.

Socialization

The process by which an individual learns and internalizes the norms, values, and behaviors necessary for functioning within their society.