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5. If you sell a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106 (a)

5. If you sell a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106 (a) your profit is $4000. (b) yourloss is $4000. (c) your profit is $6000. (d) your loss is $6000. (e) your profit is $10,000
why the answer is a

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