You purchased a futures contract on oats at a futures

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84. You purchased a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25. What was your profit or loss? A. $1375.00 B. –$1375.00 C. –$27.50 D. $27.50 E. None of the above
85. You sold a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25. What was your profit or loss?
86. Distinguish between U. S. Treasury debt and U.S Agency debt. 87. Discuss the advantages and disadvantages of common stock ownership, relative to other investment alternatives. 88. The Dow Jones Industrial Average and the New York Stock Exchange Index have unique characteristics. Discuss how these indices are calculated and any problems/advantages associated with the specific indices.
ch 2 Key 1. Which of the following is not a characteristic of a money market instrument?
AACSB: Analytic Blooms: Remember Bodie - Chapter 02 #1 Difficulty: Basic Topic: Money Market 2. The money market is a subsector of the
AACSB: Analytic Blooms: Remember Bodie - Chapter 02 #2 Difficulty: Basic Topic: Money Market 3. Treasury Inflation-Protected Securities (TIPS) A. pay a fixed interest rate for life. B. pay a variable interest rate that is indexed to inflation. C. provide a constant stream of income in real (inflation-adjusted) dollars. D. have their principal adjusted in proportion to the Consumer Price Index. E. C and D TIPS provide a constant stream of income in real (inflation-adjusted) dollars because their principal is adjusted in proportion to the Consumer Price Index.
AACSB: Analytic Blooms: Remember Bodie - Chapter 02 #3 Difficulty: Basic Topic: Money Market Instruments
4. Which one of the following is not a money market instrument?
AACSB: Analytic Blooms: Remember Bodie - Chapter 02 #4 Difficulty: Basic Topic: Money Market Instruments

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