Solved

S&P 500 INDEX (CME); $500 Times Index May 12, 2007

Question 89

Multiple Choice

S&P 500 INDEX (CME) ; $500 times index May 12, 2007 S&P 500 INDEX (CME) ; $500 times index May 12, 2007 Suppose you are interested in purchasing a December S&P 500 index futures contract. What is the value of the contract on the day quoted? A) $420,675 B) $423,675 C) $424,950 D) $425,500 E) $429,675 Suppose you are interested in purchasing a December S&P 500 index futures contract. What is the value of the contract on the day quoted?


A) $420,675
B) $423,675
C) $424,950
D) $425,500
E) $429,675

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q84: What is the</p></div><svg width=

Q85: Peg owns a</p></div><svg width=

Q86: You speculate in the market by selling

Q87: You expect to deliver 400,000 pounds of

Q88: You purchased three September futures contracts on

Q90: You are a jewelry maker and purchase

Q91: What is the closing value on this

Q92: S&P 500 INDEX (CME); $500 times index

Q93: You speculate in the market by selling

Q94: What is the closing value on this

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents