If You Sold an S&P 500 Index Futures Contract at a Price

question 38

Multiple Choice

If you sold an 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 options are correct.

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Definitions:

Predetermined Standards

Benchmarks or criteria established before the start of a process or project to guide performance and outcomes.

P-Chart

A quality control chart that is used to control attributes.

Process Sampling

The technique of selecting a sample of elements from a process for analysis, to determine the quality or performance of the process.

Acceptance Sampling

A statistical quality control method used to determine whether to accept or reject a batch of products based on a sample of items from the batch.