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Harvest Fields Sold Ten September Futures Contracts on Oats

Question 29

Multiple Choice

Harvest Fields sold ten September futures contracts on oats. Harvest Fields will:


A) pay for the oats in September.
B) take delivery of the oats in September.
C) pay for the oats now and take delivery in September.
D) receive payment now and deliver in September.
E) both receive payment and deliver in September.

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