cel Using a Spreadsheet to Calculate Profit and Loss on Futures Transactions: At the begin- ning of

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cel Using a Spreadsheet to Calculate Profit and Loss on Futures Transactions: At the begin- ning of the quarter, you purchased a $100,000 Treasury bond futures contract for 108-12. Calculate the profit on the futures contract if the price at the end of the quarter is 106-16, 108-20, 110-8, and 112-02. (LG 10-2) Price at Beginning of Quarter Price at End of => The Profit or Loss Is Quarter $100,000 108.375-108.375 $100,000 x 106.5 - 106,500 100,000 x 108.375-108,375 100,000 x 108.375-108.375 100,000 108.375-108.375 100,000 x 108.625-108,625 100,000 x 110.25-110,250 100,000 112.0625-112,062.5 -$1.875 $250 1,875 3,687.5

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