Question
On January 1, you sold one March maturity S&P 500 Index futures contract at a futures price of 800. If the futures price is 900
On January 1, you sold one March maturity S&P 500 Index futures contract at a futures price of 800. If the futures price is 900 on February 1, what is your profit or loss? The contract multiplier is $250.
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
