How Is a Futures Contract on the S&P 500 Index

question 103

Multiple Choice

How is a futures contract on the S&P 500 index settled?

• A)cash
• B)shares of stock selected by the contract buyer
• C)shares of stock selected by the contract seller
• D)shares of stock equivalent to those in the index
• E)delivery of a Treasury bill equal in value to the settlement amount

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Definitions:

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the realm of conscious awareness, influencing behavior and perceptions.

Phobia

An intense, irrational fear of specific objects, situations, or activities.

Cultural Heritage

The legacy of physical artifacts and intangible attributes of a group or society inherited from past generations, valued for its cultural, emotional, or historical importance.

Aggressive Behaviour

Actions intended to harm or injure another being who is motivated to avoid such treatment.