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A Investor purchased a futures contract at the beginning of the year. If the price of a security represented by a futures contract ____ over
A Investor purchased a futures contract at the beginning of the year. If the price of a security represented by a futures contract ____ over the year, then the investor would likely have purchased the futures contract for ____ than he can sell it for.
a. increased; more
b. decreased; less
c. remains the same; more
d. increased; less
e. decreased; more
f. A & B
g. D & E
h. this is impossible to determine given the information provided
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