You Purchased 3 DJIA Index Futures at a Price of 13,200.The

question 27

Multiple Choice

You purchased 3 DJIA index futures at a price of 13,200.The contract size is $10 times the level of the index.The futures are maturing today when the price is 12,758.What is the amount of your profit or loss?

• A)-$1,326
• B)-$1,408
• C)-$13,260
• D)-$14,080
• E)-$15,260

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