3. What are the functions of floor brokers and professional traders on the futures exchanges? (LG 10-2)

6. What is the meaning of a Treasury bond futures price quote of 103-13? (LG 10-3)

8. What is an option? How does an option differ from a forward or futures contract? (LG 10-4)

12. What are the three ways an option holder can liquidate his or her position? (LG 10-4)

17. Which party is the swap buyer and which is the swap seller in an interest rate swap transaction? (LG 10-7)