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what is the answer on this? QUESTION 11 Suppose you take a short position in a Treasury bond futures contract at a price of 97.5

what is the answer on this?
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QUESTION 11 Suppose you take a short position in a Treasury bond futures contract at a price of 97.5 percent of face value ($100,000). a. What is your obligation through this futures contract if you hold it to expiration? b. Assume the Treasury bond futures price falls to 97. What is your loss/gain? (show word and clearly label if it's a loss or gain) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) T E - 25

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