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Suppose that the value of the S&P 5 0 0 stock index is 4 , 7 0 0 . Required: If each E - mini
Suppose that the value of the S&P stock index is
Required:
If each Emini futures contract with a contract multiplier of $ costs $ to trade with a discount broker, how much is the transaction cost per dollar of stock controlled by the futures contract?
Note: Do not round your intermediate calculations. Round your answer to decimal places.
If the average price of a share on the NYSE is about $ how much is the transaction cost per typical share controlled by one futures contract?
Note: Do not round your intermediate calculations. Round your answer to decimal places.
For small investors, a typical transaction cost including the bidask spread for direct trades in stocks might be about cents per share. How many times the transactions costs in futures markets is this?
Note: Do not round your intermediate calculations. Round your answer to decimal places.
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