You enter 20 long contracts in the SPI200 futures, when the futures are quoted at F = 5500. Several weeks later, when you close out this position, the SPI200 futures are quoted at F = 5800. What is the profit or loss on your futures trading?

Select one: $6,000 profit $6,000 loss $150,000 profit $150,000 loss Impossible to determine without knowing the dividend yield on the market portfolio and the riskfree rate of interest.