2. Suppose you purchase a Treasury bond futures contract at a price of 95 percent of the...
Question:
2. Suppose you purchase a Treasury bond futures contract at a price of 95 percent of the face value, $100,000.
( LG 10-3 )
What is your obligation when you purchase this futures contract?
Assume that the Treasury bond futures price falls to 94 percent. What is your loss or gain?
Assume that the Treasury bond futures price rises to 97.
What is your loss or gain?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Markets And Institutions
ISBN: 9780071086745
5th International Edition
Authors: Anthony Saunders, Marcia Cornett
Question Posted: