You Are Given the Following Information About a Portfolio You

question 41

Multiple Choice

You are given the following information about a portfolio you are to manage.For the long-term you are bullish, but you think the market may fall over the next month. For a 200-point drop in the S&P 500, by how much does the value of the futures position change

• A)$200,000
• B)$50,000
• C)$250,000
• D)$500,000
• E)$100,000

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Definitions:

Computerized Axial Tomography

An imaging procedure that uses computer-processed combinations of many X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object.

Palate

The roof of the mouth, separating the oral and nasal cavities, which is involved in taste, speech, and swallowing.

Roof

The upper covering of a building, providing protection from weather conditions such as rain or snow.

Vitamins

Organic compounds essential to human health that must be obtained from the diet because they are not synthesized by the body in sufficient amounts.