Question
The investor purchases one September T-bond futures contract (par value $100,000) at 117-130. The settlement price for the contract on next day is 119-240. What
The investor purchases one September T-bond futures contract (par value $100,000) at 117-130. The settlement price for the contract on next day is 119-240. What is the marked-to-market gain/loss for the investor? Answer: $__________ (two decimal points)
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Handbook Of Key Global Financial Markets Institutions And Infrastructure
Authors: Gerard Caprio
1st Edition
0123978734, 9780123978738
