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Question 11 (5 points) You hedged your bank's exposure to increasing interest rates by selling one June Treasury bond futures contract at the opening price
Question 11 (5 points) You hedged your bank's exposure to increasing interest rates by selling one June Treasury bond futures contract at the opening price on April 10 at 118-160. It is now Tuesday, June 10, and you discover that on Monday, June 9. June T-bond futures settled at 116-180. What is the profit or loss on your short position
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