S&P 400 Midcap (CME) - $500 * Index -What Is the Value of a March S&P 400 Midcap

question 87

Multiple Choice

S&P 400 Midcap (CME) - $500 * Index

$\begin{array}{lcccccccc} & & & & & &{\text { Lifetime }} && \text { Open } \\& \text { Open } & \text { High } & \text { Low } & \text { Settle } & \text { Chg } & \text { High } & \text { Low } & \text { Int } \\\text { Mar } & 502.25 & 506.30 & 497.25 & 505.75 & +2.50 & 532.50 & 474.15 & 1,432 \\\text { Apr } & 501.25 & 508.75 & 496.75 & 504.30 & -1.25 & 540.35 & 478.30 & 867\end{array}$
-What is the value of a March S&P 400 Midcap futures at the opening price of the day?

• A) $250,625
• B) $253,150
• C) $248,625
• D) $251,125
• E) $267,750

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Definitions:

Downsizing Strategies

Strategies employed by organizations to reduce the scale and scope of their operations, often to cut costs or realign focus.

Short-term Reaction

An immediate response or adjustment made in response to a specific event or situation, often temporary in nature.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.

Human Resource Planning

Involves forecasting the organization's future human resource requirements and developing plans to meet those needs.