A futures contract
A) gives the owner the right,but not the obligation,to buy shares of a stock at a specified price within the time limits of the contract.
B) gives the owner the right,but not the obligation,to sell shares of a stock at a specified price within the time limits of the contract.
C) is a contract in which the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price.
D) gives the owner the right,but not the obligation,to buy or sell shares of a stock at a specified price within the time limits of the contract.
Correct Answer:
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A) that
A) that
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