Question: A futures contract is a : contract that provides a specified commodity or instrument to be bought at a future date at a price determined

A futures contract is a : contract that provides a specified commodity or instrument to be bought at a future date at a price determined at the expiry date

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contract that provides a specified commodity or instrument to be bought at a future date at a price decided today

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right to buy a specified commodity or instrument at a price determined today

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right to buy a specified commodity or instrument at a price determined at the expiry date

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