Question # 39

A hedger shorts futures at 705¢. At sale: cash 698¢, futures 700¢. Effective price?

Options:

A.

698¢

B.

703¢

C.

705¢

D.

707¢

Viewing question 39 out of 69 questions
Industry research shows that students who utilize Series 3 License practice tests are significantly more likely to pass exam.


Our free Series 3 License practice questions act as a diagnostic tool to give you a clear snapshot of your Series 3 License readiness. Discover which topics are your strengths and, more importantly, which critical topics require your immediate attention.