Users of commodities are:
A) Usually not participants in futures contracts.
B) Speculators preferring to get the large returns which result from large risk.
C) Likely to take the short position in a futures contract.
D) Buyers of futures.
Correct Answer:
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Q3: A pension fund manager who plans on
Q4: A baker of bread has a long-term
Q4: A U.S.Treasury bond dealer who sells a
Q5: The clearing corporation's main role in the
Q6: Forward contracts are:
A)An agreement between more than
Q7: With a futures contract:
A)Payment is made when
Q8: In a derivative transaction:
A)The dollar amount of
Q9: The long position in a futures contract
Q10: Derivatives are financial instruments that:
A)Present high levels
Q11: Speculators differ from hedgers in the sense
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