Why c is correct?

5. Assume that the current price spread on ten year bond futures is 94.50/94.54. Which one of the following statements is true? (a) If I wanted to sell ten year bond futures the yield is 5.46% (b) The market value of the futures contract is $94.504 (c) If today I sold the contract I would benefit if the price subsequently changed to 94.00/94.04 (d) If I sold the ten year bond futures contract today with settlement in one year's time, I would have to deliver a nine year Commonwealth Government Treasury bond to the clearing house in one year's time