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Use the following quote for next three questions. Treasury Bonds (CBT)-$100,000; pts 32nds of 100% Lifetime Open Open High Low Settle Chg High Low Int
Use the following quote for next three questions. Treasury Bonds (CBT)-$100,000; pts 32nds of 100% Lifetime Open Open High Low Settle Chg High Low Int Sept 108-15 109-22 106-03 107-28 -38 112-3 103-00 132,156 Dec 09-17 110-03 106-05 108-02 -4314-29 102-07 87,642 FUTURES QUOTES 74. What is the dollar value of the December Treasury bond futures contract at the closing price? A. $100,000.00 B. $1,000.00 C. $108,312.00 D. $108,062.50 E. $1,080.63 FUTURES PROFITS 75. You purchased one September Treasury bond futures contract at the opening price of the day and sold it for the closing price. A What was your dollar profit? A. -$593.75 B. -$432.50 C. $432.50 D. -$487.25 E. $590.75 FUTURES PROFITS You purchased four December Treasury bond futures contracts at the lifetime low of the contract and covered your position at the opening price o E 76. f the day. What was your dollar profit? A. $27,675 B. $28,650 C. $28,440
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