Hi, these are all integrates questions that go together, please provide answers and explanations to all. Thank you :)

26. Barny Fields believes that in two months interest rates will have increased by 200 basis points (2%) from current levels. If he is correct, what will be the likely effect on the value of Treasury bonds in December?

1. The bonds will have increased in value
2. The bonds will have decreased in value
3. The bond values will stay the same value

27. From the above question, if he wants to act on his opinion in the futures markets, he should

1. Sell the bonds today for repurchase in November
2. Buy the bonds now for sale in November
3. Hold firm

28. From the above question, if the bonds are selling today at 99% of par value, what would be the price of one contract today?

1. $99
2. $990
3. $9,900
4. $99,000
5. $990,00

29. What would be his approximate profit or loss if his opinion is correct and he acts on it in the futures market?

1. -$4,000
2. -$2,000
3. $ 0
4. $2,000
5. $2,000