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On January 1, the listed spot and futures prices of a Treasury bond were 93.7 and 93.13. You purchased $100,000 par value Treasury bonds and

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On January 1, the listed spot and futures prices of a Treasury bond were 93.7 and 93.13. You purchased $100,000 par value Treasury bonds and sold one Treasury bond futures contract. One month later, the listed spot price and futures prices were 94 and 94.04, respectively. Calculate your profit or loss if you were to liquidate your position. Initial position spot future quote price paid/received position 1 month later spot future quote price paid/received Net Profit

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