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In selling short a futures contract amounting to Php 1 million at a price of 120, you are agreeing to deliver: a. Php 1.20 Million
In selling short a futures contract amounting to Php 1 million at a price of 120, you are agreeing to deliver:
a. Php 1.20 Million face value securities for Php 1.10 Million
b. Php 1.00 Million face value securities for Php 1.00 Million
c. Php 1.00 Million face value securities for Php 1.20 Million
d. Php 1.15 Million face value securities for Php 1.15 Million
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Finance For Non Financial Managers
Authors: Gene Siciliano
1st Edition
0071413774, 978-0071413770
