[Solved] Which of the Following Statements Is an Example of a Futures

Question 27
Multiple Choice

Which of the following statements is an example of a futures market transaction?

A) An investor purchases 100 shares of IBM hoping to sell it in two years for a profit
B) A company purchases an option to buy 1000 barrels of oil anytime between now and the end of the year.
C) A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70 per barrel.
D) An executive has a portion of his current year salary deferred until he retires.

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