Saved With regard to a futures contract, the long position is held by Multiple Choice the trader who bought the contract at the largest discount O the trader who has to travel the farthest distance to deliver the commodity. the trader who plans to hold the contract open for the lengthiest time period. the trader who commits to purchasing the commodity on the delivery date. the trader who commits to delivering the commodity on the delivery date. Saved vy. Number of shares outstanding 200 Stock Price Stock $40 A Stock $70 B Stock $10 500 600 Assume at these prices that the value-weighted index constructed with the three stocks is 490. What would the index b for 1 and stock C 4 for 1? Multiple Choice be 265 430