Multiple Choice
You have agreed to deliver the underlying commodity on a futures contract in 90 days. Today the underlying commodity price rises and you get a margin call. You must have
A) a long position in a futures contract.
B) a short position in a futures contract.
C) sold a forward contract.
D) purchased a forward contract.
E) purchased a call option on a futures contract.
Correct Answer:

Verified
Correct Answer:
Verified
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