Question
E-mini S&P 500 Futures has the following data Month Last Change High Low Volume March 2024 2,668 -6.99 2,669 2,665 64 The multiplier of the
E-mini S&P 500 Futures has the following data
Month | Last | Change | High | Low | Volume |
March 2024 | 2,668 | -6.99 | 2,669 | 2,665 | 64 |
The multiplier of the E-mini S&P 500 futures contract is $50.
calculate What is your profit (in $) if you buy 14 contracts at the last price of the day and close out your position at a futures price of $2,675 three months later?
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Fundamentals of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
11th edition
77861701, 978-0077861704
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