A futures contract seller is obligated to deliver $5,000$ bushels of soybeans for $$12\mathrm{.}00$ perA futures contract seller is obligated to deliver $5,000$ bushels of soybeans for $$12\mathrm{.}00$ per

bushel at expiration. If soybean futures close at $$12\mathrm{.}10$ the next day, the seller:

A$.$ has a loss of $$500$ thus far on the contract.

B$.$ has a profit of $$500$ thus far on the contract.

C$.$ has no profit or loss, but is still obligated to deliver $5,000$ bushels at $$12\mathrm{.}00.$

D$.$ will receive a check for $$500$ from the buyer of the contract.

bushel at expiration. If soybean futures close at $$12\mathrm{.}10$ the next day, the seller:

A$.$ has a loss of $$500$ thus far on the contract.

B$.$ has a profit of $$500$ thus far on the contract.

C$.$ has no profit or loss, but is still obligated to deliver $5,000$ bushels at $$12\mathrm{.}00.$

D$.$ will receive a check for $$500$ from the buyer of the contract