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CSI Investment Funds in Canada (IFC) Exam IFC Question # 34 Topic 4 Discussion

CSI Investment Funds in Canada (IFC) Exam IFC Question # 34 Topic 4 Discussion

IFC Exam Topic 4 Question 34 Discussion:
Question #: 34
Topic #: 4

Zara buys a future contract with an underlying value of $100,000 worth of stocks. She is required to deposit $1,750 of margin. Two weeks later, the underlying value of the stocks is $101,900. What is Zara's total return?


A.

$3,650 gain


B.

$1,900 gain


C.

$150 gain


D.

$950 gain


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