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Which one of the following statements is correct? a. You will profit on a futures contract only if you do not close it out. b.
Which one of the following statements is correct?
a. You will profit on a futures contract only if you do not close it out.
b. Futures contracts cannot be closed out just to avoid delivery.
c. Futures contracts can be closed out, but only during the week prior to maturity.
d. Futures contracts must be carried to maturity.
e. Very few futures contracts actually involve delivery
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