Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 7 of 7
A futures contract was initiated at a price of $18.00. Currently, the futures contract is trading at $22.50. The last settlement price of the futures contract was $21.00. What is the value of the contract to the long party?
B. $3.00
C. $4.50
A. $1.50
B. $3.00
C. $4.50
User Contributed Comments 0
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2024 Level I Curriculum, Volume 5, Module 6.