An equity portfolio manager sells 1 S&P 500 index futures contract with an index value of 2,000. At maturity, each contract pays $250 for each index point above or below the futures price. If at maturity the spot S&P index is 2,200 how will the contract be settled? O a) The portfolio manager will pay $50,000. Ob) The portfolio manager will receive $50,000 worth of S&P 500 stocks. Oc) The portfolio Manager will receive $50,000. d) The portfolio manager will pay $50,000 worth of S&P 500 stocks