Yesterday You Sold Six-Month Futures on the S&P Index at a Price

question 24

Multiple Choice

Yesterday you sold six-month futures on the S&P index at a price of 2,100.Today the index closed at 2,050 and the future at 2,140.You get a call from your broker.Is he:

• A) asking you to pay $40 times the contract size into your margin account?
• B) asking you to pay $50 times the contract size into your margin account?
• C) telling you that you can withdraw $40 times the contract size from your margin account?
• D) telling you that you can withdraw $50 times the contract size from your margin account?

Comprehend the significance of efficient note-taking and information recording methods.

Distinguish between different sample types and their applicabilities in research.

Recognize the importance of using precise and clear language in surveys and research questions.

Understand the role of document design in the efficiency of questionnaires and surveys.

---

Definitions:

Claim Message

A communication piece that asserts a right, demands an entitlement, or expresses a grievance needing resolution.

Better Business Bureau

A nonprofit organization focused on advancing marketplace trust by rating companies and addressing consumer complaints.

Refusal of a Claim

The act of denying a request for compensation, benefits, or reimbursement, often following a formal assessment process.

Adjustment

Adjustment refers to a small alteration or movement made to achieve a desired fit, appearance, or result.