Question 6 2.5 pts Jasmine buys an S&P 500 futures contract with a December settlement date when the index is 1.450. By the settlement date, the S&P index falls to 1,200. The value of an S&P 500 futures contract is $500 times the index. The gain/loss) on Jasmine's position in the S&P 500 futures contract is -$62500 $125,000 $62,500 $125.000 None of these answers is correct