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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
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2025 Level I Curriculum, Volume 5, Module 6.