Question: Please solve by 9:30 pm ET On January 1, you sold one April S&P 500 Index futures contract at a futures price of if 1,570.

Please solve by 9:30 pm ET On January 1, you sold onePlease solve by 9:30 pm ET

On January 1, you sold one April S&P 500 Index futures contract at a futures price of if 1,570. If the April futures price is 1,550 on February 1, your profit would be you close your position. (The contract multiplier is 250.) Multiple Choice O O -$5,000 - $7,500 $7,500 $5,000

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