On January 1,you Sold One April S&P/TSX 60 Index Futures

question 44

Multiple Choice

On January 1,you sold one April S&P/TSX 60 index futures contract at a futures price of 840.If on February 1 the April futures price is 850,what would be your profit (loss) if you closed your position (without considering transactions costs) ?

• A) $2,000 loss
• B) $10 loss
• C) $2,000 profit
• D) $10 profit
• E) none of these

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Definitions:

Tabular List

A structured list used for organizing data or information in a table format for easy reference.

Excludes Note

A term used in medical coding to signify that certain conditions are to be coded elsewhere or are not included for coding with the code being referenced.

Includes Note

A term used in medical coding and classification to specify that a particular category or code also includes certain conditions or concepts.

Seventh Characters

In the context of medical coding, additional characters used to provide more specific information about the diagnosis or condition.