You Purchased One S&P 500 Index Futures Contract at a Price

question 36

Multiple Choice

You purchased one S&P 500 Index futures contract at a price of 950 and closed your position when the index futures was 947,you incurred:

• A)a loss of $1,500.
• B)a gain of $1,500.
• C)a loss of $750.
• D)a gain of $750.
• E)None of the above.

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Definitions:

Repression

A defense mechanism where unwanted thoughts and feelings are unconsciously excluded from consciousness.

Contemporary

Belonging to or occurring in the present or recent times, often used to describe current trends or ideas.

Memory Researchers

Individuals or scientists dedicated to studying how memory works, including how information is encoded, stored, and retrieved.

Rarely

Occurring not often or infrequently.