What is the economic value of an E-mini S&P 500 futures contract if you open a long position in the E-mini Nasdaq 100 futures contract at 12,500 and today's E-mini Nasdaq 100 futures settlement price is 12,675, i.e. 175 points higher on the day? Note that the E-mini Nasdaq 100 futures contract multiplier is $20 per point.

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