Futures are available on three-month T-bills with a contract size of $1 million. If you take a

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Futures are available on three-month T-bills with a contract size of $1 million. If you take a long position at 96.22 and later sell the contracts at 96.87, how much would the total net gain or loss be on this transaction?

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Financial Markets and Institutions

ISBN: 978-0133423624

8th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: May 23, 2018 01:54 AM

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Futures are available on three-month T-bills with a contract size of $1 million. If you take a

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