Multiple Choice
The futures price for the S&P 500 is 2000 and the multiple is $100. What is the dollar value of the stock index futures contract?
A) $200
B) $20,000
C) $120,000
D) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: The exchange uses the settlement price to
Q18: The key role of futures contracts is
Q19: Most financial futures contracts have settlement dates
Q20: Equity futures contracts listed in the United
Q21: For many financial assets, it is in
Q23: The Treasury bond and note futures contracts
Q24: What is the maintenance margin? What is
Q25: In regards to a futures contract, which
Q26: The General Accounting Office (GAO) study addresses
Q27: One alternative in liquidating a futures contract