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1. Suppose the 10-year T-note futures price quote today (May 31, 2019) for Sept 19 delivery is 10611. The initial margin on this contract for

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1. Suppose the 10-year T-note futures price quote today (May 31, 2019) for Sept 19 delivery is 10611. The initial margin on this contract for speculative traders is $1485 per contract. What is the market's forecast on this day for what 10-year Treasury yields will be in Sept? (Recall that the underlying for 10-year note futures is a hypothetical 6% coupon note with exactly 10 years remaining maturity.) If you short 25 contracts today and close your position with an offsetting trade on Aug 15th, when the contract settles at 101-20, what is the balance in your trading account? 1. Suppose the 10-year T-note futures price quote today (May 31, 2019) for Sept 19 delivery is 10611. The initial margin on this contract for speculative traders is $1485 per contract. What is the market's forecast on this day for what 10-year Treasury yields will be in Sept? (Recall that the underlying for 10-year note futures is a hypothetical 6% coupon note with exactly 10 years remaining maturity.) If you short 25 contracts today and close your position with an offsetting trade on Aug 15th, when the contract settles at 101-20, what is the balance in your trading account

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