Selina takes a short position in 20 CBOT July corn futures contracts at a futures price of 375¢/bu. What has she agreed to do under the terms of this contract (assuming that she holds her position open through July)? The underlying asset for this contract is 5,000 bu.

A) Take delivery of 50,000 bu. of corn in July at a price of 375¢/bu.

B) Deliver 5,000 bu. of corn in July at a price of 375¢/bu.

C) Take delivery of 100,000 bu. of corn in July at a price of 375¢/bu.

D) Deliver 50,000 bu. of corn in July at the spot price in July.

E) Deliver 100,000 bu. of corn in July at a price of 375¢/bu.