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You purchase a Treasury-bond futures contract with an initial margin requirement of 20% and a futures price of $119,650. The contract is traded on a

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You purchase a Treasury-bond futures contract with an initial margin requirement of 20% and a futures price of $119,650. The contract is traded on a $100,000 underlying par value bond. If the futures price falls to $106,500, what will be the percentage loss on your position? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) 1.15 points Total percentage loss % eBook References You purchase a Treasury-bond futures contract with an initial margin requirement of 20% and a futures price of $119,650. The contract is traded on a $100,000 underlying par value bond. If the futures price falls to $106,500, what will be the percentage loss on your position? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) 1.15 points Total percentage loss % eBook References

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