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Question
On January 1, you sold one April S&P 500 Index futures contract at a futures price of 1,300. If the April futures price is 1,250 on February 1, your profit would be __________ if you close your position. (The contract multiplier is 250.)
A. -$12,500
B. -$15,000
C. $15,000
D. $12,500
Answer
This answer is hidden. It contains 35 characters.
Related questions
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Q:
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D. The answer cannot be determined from the information given.