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A future contract with $200 delivery price is sold for $185 yesterday, and today its price changes to $188. The change in the future's price
A future contract with $200 delivery price is sold for $185 yesterday, and today its price changes to $188. The change in the future's price will require the buyer of this future contract to pay $3 difference in price to the seller of the future contract. This is an example of _____.
a. obligation in the future's contract
b. long position in the future's contract
c. exercise price of the future's contract
d. marketing to market in the future's contract
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