Toland Company sold Treasury bill futures contacts when the quoted price was 94-00. When this position was closed out, the quoted price was 93-20. Determine the profit or loss per contract, ignoring transaction costs. Selling price = Purchase price = Profit =

Rude Dynamics Inc. sold Treasury bill futures contracts when the quoted price was 93-26. When this position was closed out, the quoted price was 93-90. Determine the profit or loss per contract, ignoring transaction costs. Selling price = Purchase price = Profit =