You purchased 3 DJIA index futures at a price of 13,200.The contract size is $10 times the level of the index.The futures are maturing today when the price is 12,758.What is the amount of your profit or loss?
A) -$1,326
B) -$1,408
C) -$13,260
D) -$14,080
E) -$15,260
Correct Answer:
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