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Which of the following is the way to calculate total profit from a futures trade? A. For long positions buy price minus sell price and

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Which of the following is the way to calculate total profit from a futures trade? A. For long positions buy price minus sell price and for short positions sell price minus buy price B. For long positions sell price minus buy price and for short positions buy price minus sell price C. always buy price minus sell price D. always, sell price minus buy price QUESTION 12 Which of the following is true about futures contracts? A. most future contracts result in the delivery of the commodity to the buyer B. most future contracts result in the delivery of the commodity to the seller C. Only agricultural and energy product result in contracts being delivered, the rest are cancelled (closed) before the delivery date D. most futures contracts are cancelled (closed) before the delivery date

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