Investment VehiclesCâu 40 / 110
A futures contract obligates the parties to do which of the following?
a.Nothing; it is an option that may be abandoned
b.Only the seller is obligated to perform
c.Only the buyer is obligated to perform
d.Both parties to buy or sell the underlying at a set price on a future date
Giải thích
A futures contract is a binding agreement in which both the buyer and seller are obligated to transact the underlying asset at an agreed price on a specified future date. Unlike an option, it cannot simply be abandoned without offsetting the position. Futures are standardized and traded on exchanges.
Luyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A unit investment trust (UIT) differs from a mutual fund primarily because a UIT:
- Which risk is most directly associated with owning a callable bond?
- A money market fund seeks to maintain which of the following characteristics?
- A high-yield (junk) bond is best characterized by which of the following?
- A Guaranteed Investment Contract (GIC) issued by an insurer is most similar in risk profile to which of the following?
- An investor buys a Treasury bill. How does a T-bill generate its return?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 65 Investment Adviser Law Exam · Quy trình kiểm tra