Accounting > AQA QUESTION and MARK SCHEMES > acct (All)
acct
Document Content and Description Below
. A(n) ____ is a standardized agreement to deliver or receive a specified amount of a specified financial instrument at a specified price and date. a. option contract b. brokerage contract c. fin anci ... al futures contract d. margin call ANS: C PTS: 1 2. Interest rate futures are not available on a. Treasury bonds. b. Treasury notes. c. Eurodollar CDs. d. the S&P 500 index. ANS: D PTS: 1 3. ____ take positions in futures to reduce their exposure to future movements in interest rates or stock prices. a. Hedgers b. Day traders c. Position traders d. None of the above ANS: A PTS: 1 4. ____ trade futures contracts for their own account. a. Commission brokers b. Floor brokers c. Commission traders d. Floor traders ANS: D PTS: 1 5. The initial margin of a futures contract is typically between ____ percent of a futures contract's [Show More]
Last updated: 3 years ago
Preview 1 out of 13 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$6.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Aug 18, 2021
Number of pages
13
Written in
All
Additional information
This document has been written for:
Uploaded
Aug 18, 2021
Downloads
0
Views
154
