If You Purchased One S&P 500 Index Futures Contract at a Price

question 20

Multiple Choice

If you purchased one S&P 500 Index futures contract at a price of 1,550 and closed your position when the index futures was 1,547, you incurred:

• A)a loss of $1,500.
• B)a gain of $1,500.
• C)a loss of $750.
• D)a gain of $750.
• E)None of the options

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Definitions:

Management Practices

The array of techniques, strategies, and approaches employed by managers to effectively lead and run an organization.

Flexible Work Arrangements

Employment terms that allow employees to vary their work hours, locations, or schedules to better accommodate personal needs while meeting business demands.

Long Work Hours

Extended periods spent working beyond the standard workday, which can impact health, well-being, and work-life balance.

Flexibility

The ability to adapt to new, different, or changing requirements and situations.