Calculate the Profit or Loss for a Trader (Ignoring Brokerage)who

question 80

Multiple Choice

Calculate the profit or loss for a trader (ignoring brokerage) who purchased 10 SPI futures contracts at 6250 and subsequently closed out at 6300.

• A)$50 profit
• B)$500 profit
• C)$1250 profit
• D)$12 500 profit
• E)None of these are correct.

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