Question
9. You get a futures contract in corn. You secure a price for $10/unit for 1,000,000 units six months from now. If the price of
9. You get a futures contract in corn. You secure a price for $10/unit for 1,000,000 units six months from now. If the price of corn is $15/unit in six months how much do you make/lose?
10. You sell Credit Default Swaps on $5 million of Russian bonds at 5% face value per year. If over the year Russian bonds maintain the same rating, how much do you make/lose?
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
