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Which of the following statements is an example of a futures market transaction? a. An investor purchases 100 shares of IBM hoping to sell it
Which of the following statements is an example of a futures market transaction? a. An investor purchases 100 shares of IBM hoping to sell it in two years for a profit b. A company purchases an option to buy 1000 barrels of oil anytime between now and the end of the year. c. A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70 per barrel. d. An executive has a portion of his current year salary deferred until he retires.
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