Which of the following about Australian Treasury bond futures is NOT correct?

A.The Australian Treasury bond futures contract of 8 per cent is quoted as 92.0.

B.If a dealer buys a futures bond contract at 92.750 and sells at 93.500, she makes a profit.

C.If a dealer buys a futures contract at 7 per cent and sells at 8 per cent, he makes a profit.

D.Futures are quoted as index of 100 minus the yield so that the dealer can buy high and sell low