If an Investor Who Has Previously Purchased a Futures Contract

question 56

True/False

If an investor who has previously purchased a futures contract wishes to liquidate her position, she would sell an identical futures contract with the same settlement date.

---

Definitions:

Net Operating Income

A measure of a company's profitability, calculated by subtracting operating expenses from gross income.

Special Order

A one-time customer order often requiring customization or a deviation from standard production practices.

Modifications

Modifications refer to changes or alterations made to a product or system, often to improve functionality, efficiency, or to tailor it to specific needs or preferences.

Mixing Machines

Equipment used in various industries for blending or combining ingredients or materials into a homogeneous or specific mixture.