On April 1, You Bought One S&P 500 Index Futures

question 88

Multiple Choice

On April 1, you bought one S&P 500 Index futures contract at a futures price of 1,550.If on June 15 the futures price were 1,612, what would be your profit (loss) if you closed your position (without considering transactions costs)

• A)$1,550 loss
• B)$15,550 loss
• C)$15,550 profit
• D)$1,550 profit

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Definitions:

Self-Esteem

Self-esteem refers to the perception and evaluation of one's own worth, including feelings of confidence and respect for oneself.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censorship, used to explore unconscious thoughts and feelings.

Uncensored Reporting

The practice of reporting events or stories without withholding any details, regardless of potential controversy or sensitivity.

Anxiety-Arousing Stimuli

External factors or situations that trigger feelings of fear, worry, or nervousness.