Question
On January 1, you sold one February maturity S&P 500 Index futures contract at a futures price of 2,438. If the futures price is 2,545
On January 1, you sold one February maturity S&P 500 Index futures contract at a futures price of 2,438. If the futures price is 2,545 at contract maturity, what is your profit? The contract multiplier is $50. (Input the amount as positive value.)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
