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I purchase 5 December 2 0 2 4 coffee futures contracts today at 1 3 0 . In late December of 2 0 2 4
I purchase December coffee futures contracts today at In late December of I sell of those contracts at I let the remaining two contracts expire at the orginal price that I purchased them for, or in other words, at Now what?
A
I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee futures exchange. I also owe the exchange $
B
I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee futures exchange. I also owe the exchange $
C
I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee futures exchange. I also owe the exchange $
D
I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee futures exchange. I also owe the exchange $
A
The Jones company should wait until next month to import soy beans from Zaire.
B
Next month, we can expect Zaire's currency to appreciate in value. The Jones Company should import as many soy beans now, before this interest rate change goes into effect.
C
Next month, we can expect South Africa's balance of trade position to shift to more of a deficit position.
D
We don't have enough information to answer this question.
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