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You have agreed to purchase the underlying commodity on a futures contract in 90 days. Today the underlying commodity price falls and you get a
You have agreed to purchase the underlying commodity on a futures contract in 90 days. Today the underlying commodity price falls and you get a margin call.
You must have
Multiple Choice
a long position in a futures contract.
a short position in a futures contract.
sold a forward contract.
purchased a forward contract.
purchased a call option on a futures contract.
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