If You Buy in April a Stock Index Future Contract

question 58

Multiple Choice

If you buy in April a stock index future contract on the S&P 500 index at the price of 1050 points that matures on June 30 of the same year and on the maturity date the S&P 500 Index is at 1047, you have a ________ of $________.

• A)loss; 750
• B)loss; 3
• C)profit; 750
• D)profit; 3

Understand how to add and format page numbers, dates, and totals in reports.

Understand the concepts of test validity and reliability.

Identify methods for determining the predictive validity of a test.

Compare and contrast reliability and validity in psychological testing.

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Definitions:

Housing

Refers to the residential accommodations available for individuals or families, including houses, apartments, and other living spaces.

Rents

Payments made for the use of property or land. In economics, it can also refer to income derived from the ownership of scarce resources.

Law Of Supply

A principle stating that, all else being equal, an increase in price results in an increase in quantity supplied.

Law Of Demand

The economic principle that, all else equal, an increase in the price of a good will decrease the quantity demanded, and conversely, a decrease in price will increase the quantity demanded.