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Question
You purchased 3 DJIA index futures at a price of 13,200. The contract size is $10 times the level of the index. The futures are maturing today when the price is 12,758. What is the amount of your profit or loss?A. -$1,326
B. -$1,408
C. -$13,260
D. -$14,080
E. -$15,260
Answer
This answer is hidden. It contains 35 characters.
Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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