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If you purchased one S & P 500 Index futures contract at a price of 3,550 and closed your position when the index futures was
If you purchased one S & P 500 Index futures contract at a price of 3,550 and closed your position when the index futures was 3,547 , you incurred
Multiple Choice
a gain of $ 750
a gain of $ 1,500
a loss of $ 1,500
None of the options are correct .
a loss of $ 750 .
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