The agreement to provide a standardized commodity to a buyer on a specific date at a specific future price is
A. a put option.
B. a call option.
C. a futures contract.
D. a mortgage-backed security.
Answer:C
The agreement to provide a standardized commodity to a buyer on a specific date at a specific future price is
A. a put option. B. a call option. C. a futures contract. D. a mortgage-backed security.