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You purchased a Treasury-bond futures contract yeterday with an initial margin requirement of 15.00%. You purchased the contract for $115,098 yesterday which has a face
You purchased a Treasury-bond futures contract yeterday with an initial margin requirement of 15.00%. |
You purchased the contract for $115,098 yesterday which has a face value of $100,000. |
Today the futures price falls to $107,000. |
How much (in percentage) gain or loss did you make on your Futures position? |
Enter your answer in the following format: + or - 0.1234 |
Hint: Answer is between -0.4221 and -0.5113 ___________? |
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