Question: Student name: MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) Yesterday, you entered into a futures
Student name: MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) Yesterday, you entered into a futures contract to buy 62.500 at $1.50 per . Suppose the futures price closes today at $1.46. How much have you made/lost? A) Depends on your margin balance. B) You have made $2,500.00. C) You have lost $2,500.00. D) You have neither made nor lost money, yet
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