On January 1, you sold one February maturity S&P 500 Index futures contract at a futures price

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On January 1, you sold one February maturity S&P 500 Index futures contract at a futures price of 3,000. If the futures price is 3,050 at contract maturity, what is your profit? The contract multiplier is $50.

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ISE Essentials Of Investments

ISBN: 9781265450090

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Question Posted: Nov 22, 2023 03:12 AM

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On January 1, you sold one February maturity S&P 500 Index futures contract at a futures price

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To calculate the profit from the sale of the SP 500 ...View the full answer

ISE Essentials Of Investments

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