6) A hypothetical futures contract on a maturity of 2 years. If the T-bill rate is 11 %, what should the futures price be? A) $120.00 nondividend-paying stock with a current spot price of $120 has a B) $111.60 C) $147.85 D) $147.01 E)Other 7) You purchase an interest rate futures contract that has an initial margin requirement of 8% and a futures price of $146,979. The contract has a $125,000 underlying par value bond. If the futures price falls to $152,800, you will loss on your money invested. B) 38.09% experience a C) 49.39% D) 61.09% E) Other A) 28.00%