Question: On December 1 , 2 0 2 4 , I purchased 5 March 2 0 2 5 coffee futures contracts at 1 7 . In
On December I purchased March coffee futures contracts at In late March of I sold of the contracts at and let the remaining contracts expire. What is the end result of this transaction? A I made $ on my futures contract trade. I am also obligated to deliver pounds of coffee to the coffee exchange and the exchnage is obligated to pay me $ for this coffee. B I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee exchange and I am obligated to pay the exchange $ for this coffee. C I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee exchange and I am obligated to pay the exchange $ for this coffee. D I made $ on my futures contract trade. I am also obligated to take delivery of pounds of coffee from the coffee exchange and I am obligated to pay the exchange $ for this coffee.
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