15- Futures contracts are mainly traded by speculators, while forward contracts are mainly traded by hedgers a. True b. False 16- A call option with a strike price of $55 can be bought for $4. What will be your net profit if you sell the call and the stock price is $52 when the call expires? A. -$7 B. $4 C. $0 D. $3 E. -$4 17- If you bought a long futures contract you hope that bond prices A. rise. B. fall. C. are stable. D. fluctuate. 18-How frequent futures margin accounts are adjusted for gains and losses: a. Daily b. Weekly c. Monthly d. Quarterly 19. Which of the following must post margin? a. The seller of an option b. The buyer of an option c. The seller and the buyer of an option d. Neither the seller nor the buyer of an option