Question
What is the price difference on a $100,000, 5-year Treasury note futures contract between the high and low prices? Express your answer in both
What is the price difference on a $100,000, 5-year Treasury note futures contract between the high and low prices? Express your answer in both standard bond quotes and as a dollar value. Round your answer to the nearest $1. Contract Jun, 5 Yr. Treasury note Open High 112-06.875 112-12.75 Low 111-17.5 Close 111-250
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
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