If a purchaser enters a futures contract with an agreement to buy a crop for $200 per ton next month, which of the following demonstrates the result of the price rising to $225 at that time?
Responses
The purchaser would still pay only the $200 for the commodity
The purchaser would have the option of cancelling the deal or paying the extra $25 per ton.
The purchaser would be let out of the deal and a new deal would be created.
The purchaser would be required to pay the extra $25 per ton.