A Trader Purchases 4 Futures Contracts with a Total Value

question 4

Multiple Choice

A trader purchases 4 futures contracts with a total value of $100 when the price of the contracts (based on the SPI 200 share price index) is 3026.When these contracts expire,the index itself is at 2950 points and the price of the SPI 200 contract units is 2975.The trader has:

• A) made a gain of $5100
• B) made a loss of $5100
• C) made a loss of $2550
• D) made a gain of $2550

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Definitions:

Deficiency Needs

Basic requirements for physical and psychological well-being, as defined by Abraham Maslow, including needs for safety, love, and esteem, which must be met before an individual can achieve self-actualization.

Self-actualized Persons

Individuals who have realized and fulfilled their potential, as described in Maslow's hierarchy of needs, achieving personal growth and self-fulfillment.

Personality Theory

A framework used to analyze and understand individual differences in personality traits and behaviors, explaining how personalities are formed, developed, and influenced.

Self-actualizers

Individuals who have fulfilled their potential in various aspects of their lives, achieving the highest level of Maslow's hierarchy of needs.