14. Look at the futures listings for the S&P 500 index in Figure 2.11 . a. Suppose...

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14. Look at the futures listings for the S&P 500 index in Figure 2.11 .

a. Suppose you buy one contract for March delivery. If the contract closes in March at a level of 1300, what will your profit be?

b. How many March maturity contracts are outstanding?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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