Suppose that you buy a call option on a $100,000 Canada bond futures contract with an exercise

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Suppose that you buy a call option on a $100,000 Canada bond futures contract with an exercise price of 110 for a premium of $1500. If on expiration the futures contract has a price of 111, what is your profit or loss on the contract?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 12:12 PM

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Suppose that you buy a call option on a $100,000 Canada bond futures contract with an exercise

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You have a profit of 1 point 100...View the full answer

The Economics of Money Banking and Financial Markets

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