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On a particular day the S&P 500 futures settle- ment price was 899.30.

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6. On a particular day the S&P 500 futures settle- ment price was 899.30. You buy one contract at… 1 answer below » 6.        On a particular day the S&P 500 futures settle- ment price was 899.30. You buy one contract  at around the close of the market at the settlement price. The next day, the contract opens at 899.70 and the settlement price at the close of the day  is 899.10. Determine the value of the futures con- tract at the opening, an instant before the close, and after the close. Remember that the S&P fu- tures contract has a $250  multiplier. Dec 29 2015 04:42 PM


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