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If a trader goes long 40 5-year bond futures contracts at 99.110, what is the value of their exposure to the market? a. $4,607.044.40 b.
If a trader goes long 40 5-year bond futures contracts at 99.110, what is the value of their exposure to the market?
a. $4,607.044.40
b. $4,997,426.40
c. $4,216,662.00
d. $4,216,661.88
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