Using Figure 14.1, answer the following questions: a. How many exchanges trade wheat futures contracts? b. If

Question:

Using Figure 14.1, answer the following questions:
a. How many exchanges trade wheat futures contracts?
b. If you have a position in 10 gold futures, what quantity of gold underlies your position?
c. If you are short 20 oat futures contracts and you opt to make delivery, what quantity of oats must you supply?
d. Which of the gasoline contract has the largest open interest? Which one has the smallest open interest?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...