What is the dollar value of a Mini-Dow futures contract with a listed price of 31,630?
A) $64,145
B) $145,750
C) $158,150
D) $61,450

Name: What is the dollar value of a Mini-Dow futures contract with a listed price of 31,630? A) $64,145 B) $145,750 C) $158,150 D) $61,450
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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 31,630, the calculation is 31,630 * $5 = $158,150.

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