FINA 412 Options and Futures Quiz: Topics 1-2: Attempt review | Moodle 2025-2026 Concordia
University
Started on Thursday, 16 October 2025, 10:26 AM
State Finished
Completed on Thursday, 16 October 2025, 11:00 AM
Time taken 33 mins 46 secs
Grade Not yet graded
Information
Participation in the quizzes falls under the Participation grading component. Quiz marks are for your information only to help you
track your learning progress. The quiz marks won't count toward the course grade, only the quiz participation, that means, whether
you have completed all quizzes, or not within the given timeframe.
Quizzes cannot be reopened after the completion deadline.
Also, a reminder that when taking part in the quizzes on Moodle, students must demonstrate the effort of trying to respond to the
quiz questions after reviewing the relevant study material first.
Example: A quiz attempt completed in a very short time, e.g. less than 5 minutes, for example, or in a similar time frame, cannot
count toward the participation grading component, among others.
Information
In some questions (Multiple Choice Selection) on the following pages, there can be one or more correct statements - in this case,
select all that apply. Incorrect choices would lead to a deduction of points.
Question 1
Correct
Mark 3.00 out of 3.00
An investor sells a futures contract an asset when the futures price is $1,500. Each contract is on 100 units of the asset. The
contract is closed out when the futures price is $1,540. Which of the following is true:
The investor has made a gain of $2,000
The investor has made a gain of $4,000
The investor has made a loss of $4,000
The investor has made a loss of $2,000
The correct answer is: The investor has made a loss of $4,000
, Question 2
Correct
Mark 3.00 out of 3.00
Which of the following describes European options?
Priced in Euros
Calls (there are no European puts)
Exercisable only at maturity
Sold in Europe
The correct answer is: Exercisable only at maturity
Question 3
Correct
Mark 3.00 out of 3.00
Which of the following is true:
Forward contracts are traded on exchanges, but futures contracts are not.
Futures contracts are traded on exchanges, but forward contracts are not.
Neither futures contracts nor forward contracts are traded on exchanges.
Both forward and futures contracts are traded on exchanges.
The correct answer is: Futures contracts are traded on exchanges, but forward contracts are not.
University
Started on Thursday, 16 October 2025, 10:26 AM
State Finished
Completed on Thursday, 16 October 2025, 11:00 AM
Time taken 33 mins 46 secs
Grade Not yet graded
Information
Participation in the quizzes falls under the Participation grading component. Quiz marks are for your information only to help you
track your learning progress. The quiz marks won't count toward the course grade, only the quiz participation, that means, whether
you have completed all quizzes, or not within the given timeframe.
Quizzes cannot be reopened after the completion deadline.
Also, a reminder that when taking part in the quizzes on Moodle, students must demonstrate the effort of trying to respond to the
quiz questions after reviewing the relevant study material first.
Example: A quiz attempt completed in a very short time, e.g. less than 5 minutes, for example, or in a similar time frame, cannot
count toward the participation grading component, among others.
Information
In some questions (Multiple Choice Selection) on the following pages, there can be one or more correct statements - in this case,
select all that apply. Incorrect choices would lead to a deduction of points.
Question 1
Correct
Mark 3.00 out of 3.00
An investor sells a futures contract an asset when the futures price is $1,500. Each contract is on 100 units of the asset. The
contract is closed out when the futures price is $1,540. Which of the following is true:
The investor has made a gain of $2,000
The investor has made a gain of $4,000
The investor has made a loss of $4,000
The investor has made a loss of $2,000
The correct answer is: The investor has made a loss of $4,000
, Question 2
Correct
Mark 3.00 out of 3.00
Which of the following describes European options?
Priced in Euros
Calls (there are no European puts)
Exercisable only at maturity
Sold in Europe
The correct answer is: Exercisable only at maturity
Question 3
Correct
Mark 3.00 out of 3.00
Which of the following is true:
Forward contracts are traded on exchanges, but futures contracts are not.
Futures contracts are traded on exchanges, but forward contracts are not.
Neither futures contracts nor forward contracts are traded on exchanges.
Both forward and futures contracts are traded on exchanges.
The correct answer is: Futures contracts are traded on exchanges, but forward contracts are not.
