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Beth purchased two May live-cattle futures contracts in January. One contract is 40,000 lbs of live-cattle. It is currently March. In March, Beth can fulfill
Beth purchased two May live-cattle futures contracts in January. One contract is 40,000 lbs of live-cattle. It is currently March. In March, Beth can fulfill her contract obligations by (select all that are correct).
A. purchasing two May live-cattle futures contracts
B. selling two May live-cattle futures contracts
C. delivering 80,000 lbs of live-cattle to a futures transaction point
D. accepting delivery of 80,000 lbs of live-cattle at a futures transaction point
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