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Mary Beth is considering an investment in wheat futures, which has a spot price of $3.65 per bushel. If the commodity's futures price rises: I.

Mary Beth is considering an investment in wheat futures, which has a spot price of $3.65 per bushel. If the commodity's futures price rises:

I. the long position profits

II. the short position profits

III. the buyer of the contract profits

IV. the seller of the contract profits

V. Mary must take delivery of 10,000 bushels of wheat

I and III
I and IV
II and III
II and V

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