Question
An investor purchases one September T-bond futures contract at 115-110. The settlement price for the contract on next day is 117-225. What is the marked-to-market
An investor purchases one September T-bond futures contract at 115-110. The settlement price for the contract on next day is 117-225. What is the marked-to-market gain/loss for the investor?
A. $2,359
B. -$2,359
C. $236
D. -$2,115
E. $2,115
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Financial Dimensions Of Marketing Decisions
Authors: David W. Stewart
1st Edition
3030155641,303015565X
