Which of the Following Numbers Contains the Designated CORRECT Number

question 59

Multiple Choice

Which of the following numbers contains the designated CORRECT number of significant figures?

• A) 0.04300  5 significant figures
• B) 0.00302   2 significant figures
• C) 156 000  3 significant figures
• D) 1.04   2 significant figures
• E) 3.0650   4 significant figures

Understand the distinction between futures, options, and swap contracts, including their basic mechanics and purposes.

Comprehend the financial consequences of transactions in futures and options markets, including profit and loss calculations.

Recognize the use of financial derivatives in hedging against market risks.

Understand the role and responsibilities of various participants in the derivative markets, such as speculators, hedgers, and brokerages.