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Suppose you believe interest rates will rise and you trade 2 December 2022 Treasury Bond futures contracts based on your expectation. At the time you

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Suppose you believe interest rates will rise and you trade 2 December 2022 Treasury Bond futures contracts based on your expectation. At the time you make your initial transaction, the Dec 2022 Treasury Bond futures price is 15902. In November of this year, you decide to closeout your futures position and realize your profit or loss on this trade. At the time you close out your position, the Dec 2022 Treasury Bond futures price is 156-30. After accounting for transaction fees of $15 per contract per roundtrip transaction, what is your profit or loss? Hint: A roundtrip transaction is a long followed by a short or a short followed by a long. Do not include any dollar sign in your answer. For example, if you believe you profited $2,112 on this contract, simply enter "2112" as the solution. If you believe you lost $2,112 on this contract, simply enter "-2112" as the solution. Your Answer: Answer Suppose you believe interest rates will rise and you trade 2 December 2022 Treasury Bond futures contracts based on your expectation. At the time you make your initial transaction, the Dec 2022 Treasury Bond futures price is 15902. In November of this year, you decide to closeout your futures position and realize your profit or loss on this trade. At the time you close out your position, the Dec 2022 Treasury Bond futures price is 156-30. After accounting for transaction fees of $15 per contract per roundtrip transaction, what is your profit or loss? Hint: A roundtrip transaction is a long followed by a short or a short followed by a long. Do not include any dollar sign in your answer. For example, if you believe you profited $2,112 on this contract, simply enter "2112" as the solution. If you believe you lost $2,112 on this contract, simply enter "-2112" as the solution. Your

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