8. Suppose that you buy a call option on a $100,000 Treasury bond futures contract with an...

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

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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