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Suppose you purchase a Treasury bond futures contract at a price of 91 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 91 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 89.20 percent. What is your loss or gain? c. Assume that the Treasury bond futures price rises to 92.30. What is your loss or gain? Complete this question by entering your answers in the tabs below. Req B and C What is your obligation when you purchase this futures contract? You are obligated to purchase a bond worth at contract maturity. K Req A Req B andC > Complete this question by entering your answers in the tabs below. Req AReq B and C Assume that the Treasury bond futures price falls to 89.20 percent and rises to 92.30. What is your loss or gain? (Input the amounts as a positive value.) b. C. Req A Req B and C

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