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4. What is the economic value of an E-mini S&P 500 futures contract if you open a short position in the E-mini S&P 500 futures

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4. What is the economic value of an E-mini S&P 500 futures contract if you open a short position in the E-mini S&P 500 futures contract at 3,800.00 and today's settlement price is 3,825, i.e. 25 points higher on the day. Remember that the E-mini S&P 500 futures contract multiplier is $50 per point

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