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A futures contract seller is obligated to deliver 5 , 0 0 0 bushels of soybeans for $ 1 2 . 0 0 perA futures
A futures contract seller is obligated to deliver bushels of soybeans for $ perA futures contract seller is obligated to deliver bushels of soybeans for $ per
bushel at expiration. If soybean futures close at $ the next day, the seller:
A has a loss of $ thus far on the contract.
B has a profit of $ thus far on the contract.
C has no profit or loss, but is still obligated to deliver bushels at $
D will receive a check for $ from the buyer of the contract.
bushel at expiration. If soybean futures close at $ the next day, the seller:
A has a loss of $ thus far on the contract.
B has a profit of $ thus far on the contract.
C has no profit or loss, but is still obligated to deliver bushels at $
D will receive a check for $ from the buyer of the contract
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