Exhibit 23-1 S&P 500 Index; $250 ´ Index May 2004

question 50

Multiple Choice

Exhibit 23-1
S&P 500 Index; $250 ´ index May 2004

-Refer to Exhibit 23-1.If you hold a long position of 20 June S&P 500 index futures contracts,how much compensation do you receive for the increase in the futures price at the end of the trading day?

• A) $58,500
• B) $11.70
• C) $2,925
• D) $234

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Definitions:

Monetary Inducements

Financial incentives offered to encourage a person to undertake an action or adopt a particular stance.

Autonomy

The capacity to make an informed, uncoerced decision; in healthcare, it refers to a patient's right to make decisions about their own medical treatment.

Incarceration

The act of detaining individuals in prison as a form of punishment following the commission of a crime.

Morally Legitimate

Considered ethically acceptable or justifiable according to moral principles or ethical standards.