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