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A short position in a futures contract is A. obligation of the investor to close out his position in the future. B. the obligation of

A short position in a futures contract is

A. obligation of the investor to close out his position in the future.

B. the obligation of the investor to hedge in the future.

C. the right and obligation of the buyer to receive or buy the underlying asset on the specified future date.

D. the right and obligation of the seller to sell or deliver the underlying asset on the specified future date.

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