14. You hold one long corn futures contract that expires in April. To close your positon in corn futures before the delivery date, you must: a. b. c. d. e. Buy one May corn futures contract. Buy two April corn futures contracts. Sell one April corn fut Sell one May corn futures contract. None of the above. ures contract. 15. Financial futures contracts are actively traded on the following indices except: a. b. c. d. e. The S and P 500 The NYSE index. The NIKKEI The DJI index. All of the above. 16. FOREX currency futures are actively traded on the a. Euro b. British Pound c. Drachma d. Euro and British Pound e. Deutsche Mark f. French Franc 17. To exploit an expected increase in interest rates an investor would most likely: a. Sell Treasury bond futures. b. Take a long position on wheat futures. c. Buy S and P 500 index futures. d. Take a long position in Treasury bond futures. e. Take a long position in the Bloomberg Corporate bond index. f. None of the above. 18. Which of the following stock index futures has a multiplier of $250 times the index value? a. Russell 2000 b. S and P 500 C. Nikkei d. DAX 30 e. Nasdaq 100 f. MIB 30