You Purchased 4 DJIA Index Futures at a Price of 17,600.The

question 19

Multiple Choice

You purchased 4 DJIA index futures at a price of 17,600.The contract size is $10 times the level of the index.The futures are maturing today when the price is 17,282.What is the amount of your profit or loss?

• A) -$1,270
• B) -$1,408
• C) -$12,720
• D) -$13,080
• E) -$14,260

---

Definitions:

Ultrasound Machine

A medical device that uses high-frequency sound waves to create images of the inside of the body, commonly used in prenatal care and diagnostics.

Chromosomes

Structures made of DNA, found in the cells of living organisms, that carry genetic information critical for growth, development, and functioning.

Dihydrotestosterone

A potent androgen hormone produced from testosterone, involved in the development of male characteristics and certain medical conditions.

Sexual Differentiation

The process by which the bodies of living organisms develop into distinct forms based on their sex, often involving differences in reproductive organs and secondary sexual characteristics.