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By Taking the Short Position on a Futures Contract of $100,000

Question 17

Multiple Choice

By taking the short position on a futures contract of $100,000 at a price of 115 you are agreeing to ________ a ________ face value security for ________.


A) sell;$100,000;$115,000.
B) sell;$115,000;$100,000.
C) buy;$100,000;$115,000.
D) buy;$115,000;$100,000.

Correct Answer:

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