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You find the following current quote for the DEC 2018 and March 2019 T-Bond F contract: S 100,000; Pts 32nd, of 100% US 30 YEAR

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You find the following current quote for the DEC 2018 and March 2019 T-Bond F contract: S 100,000; Pts 32nd, of 100% US 30 YEAR US TREASURY BOND PUTURES FINAL PRE-CLEARNG PRICES AS OF 1/16 18 06:00 PM (CST) Prior day OPEN) HIGH LOW LAST SETT CHGE EST.VOL SETT VOL INT US 30 YEAR US TREASURY BOND FUTURES DECI8 13825 13924 13822 13924 13918 25 3 MAR9)13806 13904 13803 13903 13830 +25 UN19 394863 13825 467227 90793 5334 13718 13305 6784 15381 13811 +25 1) On November 15, 2018, Bank OA thinks that interest rates are going to increase from now until March. Should they go long or short on March 2019 future contract on 30year T- Bonds? Explain. 2) What was the previous price (11/152015) of this future contract and today's price dollars? y if the bank went long on ) Will your margin account increase or decrease at the end of the day (between open and ) on 11/162018? by how much

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