If the Futures Price at 3:00 P

question 57

Multiple Choice

If the futures price at 3:00 p.m.is 122,the spot price is 142.5 and the CF is 1.1575,by how much must the spot price fall by 5:00 p.m.to justify delivery?

• A)1.285
• B)1.1102
• C)20.50
• D)17.71
• E)42.94

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Definitions:

Thalamus

A part of the brain located above the brainstem that acts as a relay station, directing sensory and motor signals to the cerebral cortex, and plays a role in the regulation of consciousness, sleep, and alertness.

Epithalamus

is a dorsal posterior segment of the diencephalon of the brain, important in the secretion of melatonin by the pineal gland and in sleep regulation.

Corpus Callosum

A thick band of nerve fibers that connects the two cerebral hemispheres, facilitating communication between them.

Hypothalamus

An area in the brain that is in charge of producing hormones and controlling essential body processes like temperature and appetite.