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Question
An investor bought a March S&P 500 Index futures contract in December for $1,490.05. After six months the contract value went up to $1,539.95. The contract has a multiplier of 250. What is the dollar profit?A.$1,996
B.$19,960
C.$12,475
D.$1,247.50
E.$199.60
Answer
This answer is hidden. It contains 68 characters.
Related questions
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