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Question 12 (5 points) You hedged your bank's exposure to declining interest rates by buying one June Treasury bond futures contract at the opening price

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Question 12 (5 points) You hedged your bank's exposure to declining interest rates by buying one June Treasury bond futures contract at the opening price on April 10 at 119-280. It is now Tuesday, June 10, and you discover that on Monday, June 9. June T-bond futures opened at 120-190 and settled at 120-280 If you deposited the required initial margin on April 10 (the initial margin is equal to $1,800) and have not touched the equity account since making that cash deposit, what is your equity account balance

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