If You Took a Short Position in Three S&P 500

question 13

Multiple Choice

If you took a short position in three S&P 500 futures contracts at a price of 900 and closed the position when the index futures was 885, you incurred:

• A)a gain of $11,250.
• B)a loss of $11,250.
• C)a loss of $8,000.
• D)a gain of $8,000.
• E)None of the options

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Definitions:

Health

The state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that organizes human needs into a hierarchical structure, with basic needs at the bottom and self-actualization at the top.

Consistency

The degree to which a substance holds together; uniformity or thickness of a fluid.

Devaluing

Reducing or underestimating the importance, value, or worth of something or someone.