Question # 41

A hedger sells futures at 90. Cash later = 88, futures = 87. What is effective price?

Options:

A.

88

B.

89

C.

90

D.

91

Viewing question 41 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.