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Please help thank you! You purchase a Treasury-bond futures contract with an initial margin requirement of 30% and a futures price of $115,700. The contract
Please help thank you!
You purchase a Treasury-bond futures contract with an initial margin requirement of 30% and a futures price of $115,700. The contract is traded on a $100,000 undertying par value bond. If the futures price falls to $108,500, what will be the percentage loss on your position? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total percentage lossStep by Step Solution
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