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Problem 22 Intro On June 1, an investor bought one September maturity Treasury-bond futures contract at a price of $124,990 with an initial margin requirement

Problem 22

Intro On June 1, an investor bought one September maturity Treasury-bond futures contract at a price of $124,990 with an initial margin requirement of 15%.

Attempt 1/3 for 10 pts.

Part 1

What would be the percentage profit (loss) for the investor if the futures price is $113,530 on August 1?

2+ decimals

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