What is the dollar value of the S&P 100 contract if the multiple for the S&P 100 Stock Index is $100 and the cash index value for the S&P 100 is 620?

Name: What is the dollar value of the S&P 100 contract if the multiple for the S&P 100 Stock Index is $100 and the cash index value for the S&P 100 is 620?
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Question

Quizplus · Accepted Answer

The dollar value of the S&P 100 contract can be calculated by multiplying the multiple by the cash index value. 
$100 x 620 = $62,000 
Therefore, the correct answer is B.

What Is the Dollar Value of the S&P 100 Contract