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Exam (elaborations)
Futures Final Exam UPDATED ACTUAL Questions and CORRECT Answers
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---13October 20242024/2025A+
- Futures Final Exam UPDATED ACTUAL 
Questions and CORRECT Answers 
Although this is not accumulative. Briefly look over Exam 1 and 2 to answer big picture 
questions - CORRECT ANSWER- 
Long - CORRECT ANSWER- To buy 
Short - CORRECT ANSWER- to sell 
Futures contracts ______ on one date and _______ on another - CORRECT ANSWER- 
open 
close
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MGRADES
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Exam (elaborations)
Futures Final Exam UPDATED Questions and CORRECT Answers
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---10October 20242024/2025A+
- Futures Final Exam UPDATED Questions 
and CORRECT Answers 
A trader who is long 5 corn futures contract (5,000 bushels per contract) at $4.20 offsets her 
position at $4.45. Assuming commission is $50 per contract per round turn, what is her gain 
or loss on the trade? - CORRECT ANSWER- Gain of $6,000 
Market Orders to sell futures contracts are matched against the best or highest limit order bids 
- CORRECT ANSWER- True 
Hedging margin is set at the same level as a speculator's - CORRECT...
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$10.99 More Info
MGRADES
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Exam (elaborations)
FUTURES FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024-2025 ALREADY GRADED A+
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---10April 20242023/2024A+
- FUTURES FINAL EXAM ACTUAL QUESTIONS AND ANSWERS ALREADY GRADED A+ 
 
A trader who is long 5 corn futures contract (5,000 bushels per contract) at $4.20 offsets her position at $4.45. Assuming commission is $50 per contract per round turn, what is her gain or loss on the trade? Ans- Gain of $6,000 
 
Market Orders to sell futures contracts are matched against the best or highest limit order bids Ans- True 
 
Hedging margin is set at the same level as a speculator's Ans- maintenance margin...
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Wiseman