A hedger takes a short position in five T-bill futures contracts at the price of 98 5
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A hedger takes a short position in five T-bill futures contracts at the price of 98 5 32 . Each contract is for
$100,000 principal. When the position is closed, the price is 9512
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Related Book For
Financial Markets And Institution
ISBN: 9781292459547
10th Global Edition
Authors: Frederic Mishkin, Stanley Eakins
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