Question
A trader sells 17 10-year bond futures at 99.88, buys 3 at 99.82, buys 6 at 99.78, buys 3 at 99.72, shorts 15 at 99.68,
A trader sells 17 10-year bond futures at 99.88, buys 3 at 99.82, buys 6 at 99.78, buys 3 at 99.72, shorts 15 at 99.68, buys 2 at 99.74, buys 6 at 99.72 and the market closes at 99.70. How much profit did she make?
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
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