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Title: The price of an S&P 500 Index futures contract is $988.26 when you decide to enter a long ...
Post by: elf_fu on Jul 6, 2017
The price of an S&P 500 Index futures contract is $988.26 when you decide to enter a long position. When the position is closed the futures price is $930.32. If there are no settlement requirements, what is your dollar gain or loss? (Ignore opportunity costs.)
A) $14,485 loss
B) $14,485 gain
C) $57.94 loss
D) $57.94 gain


Title: Re: The price of an S&P 500 Index futures contract is $988.26 when you decide to enter a long ...
Post by: phuongha2892 on Jul 6, 2017
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