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Profit from T-Bond Futures: ATour Company purchased a futures contract on Treasury bonds that specified a price of 92-19. When this position closed out the

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Profit from T-Bond Futures: ATour Company purchased a futures contract on Treasury bonds that specified a price of 92-19. When this position closed out the price of the Treasury bond futures contract was 93-06. Determine the profit or loss, ignoring transaction costs. $206 $429 $594 09 $612 None of the above D 2 pts Question 18 Suppose that the index price for Treasury Bill futures is 98.28. The yield on the discount basis for the Treasury Bill futures is: 1.40% 1.72% 1.83% 1.91% 2.21%

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