A brokerage house purchases an sampp 500 futures agreement
A brokerage house purchases an S&P 500 futures agreement for $300,000. On the delivery date, the S&P 500 Index is 575.
Does the brokerage house make a profit?
What if the S&P 500 is 625?
Expected delivery within 24 Hours
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a brokerage house purchases an sampp 500 futures agreement for 300000 on the delivery date the sampp 500 index is
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