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Question 15 (1) Use the chart provided to answer the question: based on the settle price of T-bonds scheduled for delivery in March, how much

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Question 15 (1) Use the chart provided to answer the question: based on the settle price of T-bonds scheduled for delivery in March, how much would the buyer pay for a single contract at maturity? Interest Rate Futures Treasury Bonds (CBT) $100,000; pts 32nds of 100% Open High Low Settle Change Open Interest Dec 130-160 131-000 128-220 128-260 -1-19 658,315 March 129-070 129-140 127-030 127-070 -1-21 28,864 127.07 $127.219 $127,070 127.22 $100,000

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