23-1Copyright©2017McGraw-HillEducation.Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.Chapter23TestBank-StaticStudent:___________________________________________________________________________MultipleChoiceQuestions1.Whichoneofthefollowingstockindexfutureshasamultiplierof$50timestheindexvalue?A.Russell2000B.S&P500(E-mini)C.NikkeiD.DAX-30E.NASDAQ1002.Whichoneofthefollowingstockindexfutureshasamultiplierof$10timestheindexvalue?A.Russell2000B.DowJonesIndustrialAverageC.NikkeiD.DAX-30E.NASDAQ1003.Whichoneofthefollowingstockindexfutureshasamultiplierof$50timestheindexvalue?A.Russell2000B.FTSE100C.NikkeiD.NASDAQ100E.Mini-Russell2000andNASDAQ1004.Whichoneofthefollowingstockindexfutureshasamultiplierof$50timestheindexvalue?A.Mini-Russell2000B.FTSE100C.S&PMid-CapD.DAX-30E.Russell2000andS&PMid-Cap5.Whichoneofthefollowingstockindexfutureshasamultiplierof$100timestheindexvalue?A.CAC40B.S&P500IndexC.NikkeiD.DAX-30E.NASDAQ1006.Whichoneofthefollowingstockindexfutureshasamultiplierof10eurostimestheindex?A.CAC40B.HangSengC.NikkeiD.DAX-30E.CAC40andHangSeng7.Whichoneofthefollowingstockindexfutureshasamultiplierof50HongKongdollarstimestheindex?A.FTSE100B.HangSengC.NikkeiD.DAX-30E.FTSE100andHangSeng8.Whichoneofthefollowingstockindexfutureshasamultiplierof25eurostimestheindex?23-2Copyright©2017McGraw-HillEducation.Allrightsreserved.NoreproductionordistributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.A.FTSE100B.HangSengC.NikkeiD.DAX-30E.FTSE100andHangSeng9.IfyoupurchasedoneS&P500Indexfuturescontractatapriceof1,550andclosedyourpositionwhentheindexfutureswas1,547,youincurredA.alossof$1,500.B.againof$1,500.C.alossof$750.D.againof$750.E.Noneoftheoptionsarecorrect.10.IfyoutookashortpositionintwoS&P500futurescontractsatapriceof1,510andclosedthepositionwhentheindexfutureswas1,492,youincurredA.againof$9,000.B.alossof$9,000.C.alossof$18,000.D.againof$18,000.E.Noneoftheoptionsarecorrect.11.Ifastockindexfuturescontractisoverpriced,y...
