QUESTION 6 You purchase one MBI July 120 put contract (equaling 100 shares) for a premium of $3. You hold the option until the expiration date, when MBI stock sells for $123 per share. You will realize a on the investment $200 profit $500 loss $300 profit $300 loss undervalued and should be written; low QUESTION 17 0.3333 On January 1. you sold one April S&P 500 Index futures contract at a futures price of $1,300. If the April futures price is $1,250 on February 1, your profit would be If you close your position. (The contract multiplier is 250.) O -$15,000 $15,000 O $12,500 $12,500 0.3333 pe QUESTION 18