Sperry Assest Managers (SPAM) is interest in hedging its stock portfolio, which moves one-for-one with the S&P 500 index. If the index is currently at 900, how much will SPAM have to pay for each stock index futures contract it buys?
A: $250,000
B: $225,000
C: $200,000
D: $180,000
E: None of the above