A investor purchased a futures contract at the beginning of


A Investor purchased a futures contract at the beginning of the year. If the price of a security represented by a futures contract ____ over the year, then the investor would likely have purchased the futures contract for ____ than he can sell it for.

a. increased; more

b. decreased; less

c. remains the same; more

d. increased; less

e. decreased; more

f.  A & B

g. D & E

h. this is impossible to determine given the information provided

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Financial Management: A investor purchased a futures contract at the beginning of
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