If you buy a futures contract for a 90-day bank bill with a certain interest rate and on its maturity date, the interest rate on 90-day bank bills has fallen, then you will have:

Select one:

a. lost money on your long position

b. gained money on your long futures position

c. lost money on your short position

d. gained money on your short position

e. lost money on the actual 90-day bank bill