Entering a Futures Contract to Buy the S&P 500 Stock

question 32

True/False

Entering a futures contract to buy the S&P 500 stock index is a long position.

---

Definitions:

Insurance Company

An organization that provides financial protection and compensation for specified losses in exchange for premiums.

Patient Status

The current condition or state of a patient, including health status, and whether they are admitted, discharged, or under observation.

Eligibility for Benefits

Criteria that determine if individuals or groups qualify for certain advantages or services.

Predetermination

The act of deciding or establishing something in advance, often before relevant data or events are known.