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Suppose you purchase a Treasury bond futures contract at a price of 90 percent of the face value, $100,000. a. What is your obligation when

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Suppose you purchase a Treasury bond futures contract at a price of 90 percent of the face value, $100,000. a. What is your obligation when you purchase this futures contract? b. Assume that the Treasury bond futures price falls to 88.80 percent of face value. What is your loss or gain? c. Assume that the Treasury bond futures price rises to 90.70 percent of face value. What is your loss or gain? Complete this question by entering your answers in the tabs below. What is your obligation when you purchase this futures contract? Suppose you purchase a Treasury bond futures contract at a price of 90 percent of the face value, $100,000. a. What is your obligation when you purchase this futures contract? b. Assume that the Treasury bond futures price falls to 88.80 percent of face value. What is your loss or gain? c. Assume that the Treasury bond futures price rises to 90.70 percent of face value. What is your loss or gain? Complete this question by entering your answers in the tabs below. b. Assume that the Treasury bond futures price falls to 88.80 percent of face value. What is your loss or gain? c. Assume that the Treasury bond futures price rises to 90.70 percent of face value. What is your loss or gain? (Input the amounts as a positive value.)

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