Question
You bought one June S&P 500 Index futures contract at a futures price of 895 on March 6. If the June futures price is 800
You bought one June S&P 500 Index futures contract at a futures price of 895 on March 6. If the June futures price is 800 on March 15, your profit would be __________ if you close your position. (The contract multiplier is 250.)
Multiple Choice
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$26,250
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$26,250
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- $23,750
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$23,750
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
