You purchased 4 DJIA index futures at a price of 17,600.The contract size is $10 times the level of the index.The futures are maturing today when the price is 17,282.What is the amount of your profit or loss?
A) -$1,270
B) -$1,408
C) -$12,720
D) -$13,080
E) -$14,260
Correct Answer:
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