Science, asked by gaglu3702, 1 month ago

Using an example, explain how the modified futures

Answers

Answered by uroojnausheen89

Answer:

Futures trading is common with commodities. For example, if someone buys a July crude oil futures contract (CL), they are saying they will buy 1,000 barrels of oil from the agreed price upon the July expiration, no matter what the market price is at that time.

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