It is July. Suppose you purchase five September T-bond contracts at the prior settle price of 122175.
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● It is July. Suppose you purchase five September T-bond contracts at the prior settle price of 122’175. How much will you pay today? Suppose in one month you close your position and the September futures price at that time is 117’165. Did you make or lose money? How much?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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