2009 Sample Exam Version 2: Questions 19-24 “Because of mark-to-market, must a futures contract always have zero value at any point during tits life?” I’m really immature, but that’s funny.
i just took this exam, and it made me pretty happy (i’m 4 years old)
lmao… i dont know how i missed that when i was failing that sample…
HA HAAAAA! i was wondering if anyone was going to say anything about this but yeah, I saw that and thought it was friggin hilarious. Too bad my fear of trying to answer the question right dominated the elation.
Sadly, i haven’t taken it yet… but i can’t wait to see it so i’ll know what’s hidden behind the &%^$#@ Something to look forward to i guess 
The answer choice to that question is extremely poorly unworded… Answer A) should have good as well… They are really playing with words with the ‘’ At any point in its life… ‘’
yes, except that is not what they said. i believe what they inferred is the growth from perk to sag
the point is - manager is asking about a zero value at any point in its life for a future – in spite of the mark to market feature (and esp. because of it) the gain / loss is recognized every day. Even then, there is a value between current price and the previous mark to market price. So the question was not about life of the future - but about zero value, wasn’t it?
Instead of “its life” it says “[a woman’s breasts] life” meaning a word rhyming with “its.”
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