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If You Took a Short Position in Three S&P 500

question 22

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If you took a short position in three S&P 500 futures contracts at a price of 900 and closed the position when the index futures was 885, you incurred


Definitions:

Informative Letter

A written communication intended to provide detailed information about a particular subject or issue.

Subpoena

A document commanding a person to appear at a certain time and place to give testimony concerning a certain matter.

Testify

To make a statement based on personal knowledge or belief, under oath in a court of law.

Main Part

The central or most important segment or component of something.

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