Julie Purchased Four S&P 500 Index Futures at a Price

question 86

Multiple Choice

Julie purchased four S&P 500 index futures at a price of 1392. The contract size is $250 times the index value. The futures are maturing today at a price of 1387.5. What is the amount of her profit or loss?

• A)−$3,125
• B)−$4,500
• C)−$5,625
• D)−$13,575
• E)−$15,625

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Definitions:

Reducing Violence

Implementing strategies and measures aimed at decreasing the occurrence and severity of aggressive behavior and harm.

Practical Suggestions

Advice or recommendations that are focused on realistic and concrete actions rather than abstract theories.

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Psychosocial Theory

A framework that describes the social and psychological growth of individuals through the interaction with their environment across the lifespan.