Question
Taylor shorts futures contract on T-bonds that specified a price of 94-10. When the position was closed out, the price of the T-bond futures contract
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Taylor shorts futures contract on T-bonds that specified a price of 94-10. When the position was closed out, the price of the T-bond futures contract was 92-00. Given that the futures contract on T-bonds specifies a par value of $100,000. Find the profit or loss, ignoring transaction costs.
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The Solomon Secret 7 Principles Of Financial Success From King Solomon Historys Wealthiest Man
Authors: Bruce Fleet, Alton Gansky
1st Edition
1585428183, 978-1585428182
