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you find the following current quote for the March T-Bond contract: $100,000,Pts 32nd, of 100% Open 93-08; High 93-24;Low;91-22; Settle:93-26. You went long in the
you find the following current quote for the March T-Bond contract: $100,000,Pts 32nd, of 100% Open 93-08; High 93-24;Low;91-22; Settle:93-26. You went long in the contract at the open. Which of the following is/ are true? 1 At the end of the day, you margin account would decrease. 3. you agreed to deliver $100,000 face value T-Bonds in March in exchange for $93,260 3. you agreed to purchase $100,000 face value t-bonds in March in exchange for $93,250 A. 1 and 3 only b. 1 and 4 only c. 1,2,3 only d.1,2,4 only
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