An agreement between bwo parties to exchange a series of specified periodic cash flows in the future based on some underlying instrument or price in es O option contract. Oswap contract. futures contract. Activate Windows O forward agreement.

Which of the following gives the holder the right to buy the asset at a specified strike price? OA. A future contract OB. A put OC. An ETF OD. A stock OE. A call

Define each of the following terms: c. Financial futures; forward contract

All of the statements below are true of futures contractsexcept that futures contracts: O a. result in predictable gross profits. O b. result in predictable cash flows. O c. eliminate downside risk and upside potential. O d. eliminate downside risk while allowing for upside potential.

Windswept, Inc.2017 Income Statement($ in millions) Net sales $ 11,000   Cost of goods sold   8,200   Depreciation   395   Earnings before interest and taxes $ 2,405   Interest paid   110   Taxable income $ 2,295   Taxes   689   Net income $ 1,606        Windswept, Inc.2016 and 2017 Balance Sheets($ in millions)     2016     2017       2016     2017   Cash $ 420   $ 445   Accounts payable $ 2,060   $ 2,005   Accounts rec.   1,210     1,110   Long-term debt   1,120     1,580   Inventory   1,980     1,820   Common stock   3,460     3,190   Total $ 3,610   $ 3,375   Retained earnings   700     950   Net fixed assets   3,730     4,350                 Total assets $ 7,340   $ 7,725   Total liab. & equity $ 7,340   $ 7,725      What were the total dividends paid for 2017?

At the expiration of a futures contract, futures prices converge to __.     a. Option prices b. forward prices c. market prices d. spot prices

Which of the following gives the holder the right to sell the asset at a specified strike price? OA. A stock OB. A put OC. An ETF OD. A future contract OE. A call

Write short note on a futures contract.

A contract requiring a specified future monetary payment at a specified future point in time in exchange for the delivery of a specific asset is called a: *A. nonconvertible option.B. hedge.C. long contract.D. swap.

A credit default swap (CDS) is a privately negotiated contract which you can use to:   Question 2 options:   hedge prepayment risk on a pool of mortgages.   hedge default risk on fixed income assets.   hedge interest rate risk on fixed income assets.   hedge exchange rate risk on euroyen deposits.