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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:

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