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On January 1, you sold one April S&P 500 Index futures contract at a futures price of 940. If the April futures price is
On January 1, you sold one April S&P 500 Index futures contract at a futures price of 940. If the April futures price is 850 on February 1, your profit would be. if you close your position. (The contract multiplier is 250.) Multiple Choice $22,500 $25,000 -$22.500 -$25,000
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