The company expects to invest approximately $1 million in three months in corporate bonds. The current rate of interest is 3.20%. To hedge the position, the company wishes to use 3 year Treasury bond futures contracts trading at 92.100. Calculate the profit or loss from the position in futures market if in 3 months the contracts are trading at 95.500 Select one: a. $87286.89 b. $872868.93 c. $-87286.89 d. $8728.69 e. $-33387.81 The company expects to invest approximately $1 million in three months in corporate bonds. The current rate of interest is 3.20%. To hedge the position, the company wishes to use 3 year Treasury bond futures contracts trading at 92.100. Calculate the profit or loss from the position in futures market if in 3 months the contracts are trading at 95.500 Select one: a. $87286.89 b. $872868.93 c. $-87286.89 d. $8728.69 e. $-33387.81