Sleeper Sullivan bought 10 December S&P 500 index futures contracts at 310. If the index rises to

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Sleeper Sullivan bought 10 December S&P 500 index futures contracts at 310. If the index rises to 318, what is Sleeper's dollar profit?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 03:02 AM

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Sleeper Sullivan bought 10 December S&P 500 index futures contracts at 310. If the index rises to

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The multiplier on the SP 500 futures contracts is 250 ...View the full answer

Fundamentals of Investments

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