2 years ago

A futures contract does which of the following?

1 answer:

4 0

The correct answer for the question that is being presented above is this one: "A. Sets the price and date for a commodity purchase in advance of that purchase." A futures contract is a standardized contract between two parties to buy or sell a specified asset of standardized quantity and quality for a price agreed upon today with delivery and payment occurring at a specified future date, the delivery date.

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