What is the dollar value of a Mini-Dow futures contract with a listed price of 27,150?
A) $54,145
B) $135,750
C) $157,500
D) $51,450

Name: What is the dollar value of a Mini-Dow futures contract with a listed price of 27,150? A) $54,145 B) $135,750 C) $157,500 D) $51,450
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Question

Quizplus · Accepted Answer

The dollar value of a Mini-Dow futures contract is calculated by multiplying the listed price by $5. Therefore, for a listed price of 27,150, the calculation is 27,150 * $5 = $135,750.

What Is the Dollar Value of a Mini-Dow Futures Contract