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You BUY 3 standard S&P500 Index futures contracts with a futures price (FO) of 2875 and you close the position when the S&P (FT) is
You BUY 3 standard S&P500 Index futures contracts with a futures price (FO) of 2875 and you close the position when the S&P (FT) is 2826.99 What is your profit or loss on the trade? See the notes for the multiplier on this contract. O -2,400.50 -36,007.50 48.01 O-90,018.75 O-14,403.00
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
