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suppose Kim Bennett Purchased a futures contract on treasury bonds at a price of 90-00 on October 2. one month later, she sells the same
suppose Kim Bennett Purchased a futures contract on treasury bonds at a price of 90-00 on October 2. one month later, she sells the same futures contract in order to close out the position. At this time, the futures contract specifies the price as 92-10, or 92 10/32 percent of the par value. given that the futures contract on treasury bonds specifies a par value of $100,000, what in the nominal profit?
suppose Kim Bennett Purchased a futures contract on treasury bonds at a price of 90-00 on October 2. one month later, she sells the same futures contract in order to close out the position. At this time, the futures contract specifies the price as 92-10, or 92 10/32 percent of the par value. given that the futures contract on treasury bonds specifies a par value of $100,000, what in the nominal profit?
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