Question
How much profit or loss would you make if you shorted 100 90-day bank bill futures contracts at 98.72 and closed them out 27 days
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How much profit or loss would you make if you shorted 100 90-day bank bill futures contracts at 98.72 and closed them out 27 days later at 98.68 when the continuously compounded risk free rate is 2.4693%?
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
