You were just notified that you will receive $100,000 in two months from the estate of a deceased relative. You want to invest this money in safe. interest bearing instruments, so you decide to purchase five-year Treasury notes. You believe, however, that interest rates are headed down, and you will have to pay a lot more in two months than you would today for five-year Treasury notes. You decide to look into futures, and find a quote of 104-2. 9 for five-year Treasuries deliverable in two months (contracts trade in $100,000 units and require an initial margin is $680 ) What does the quote mean in terms of price, and how many contracts will you need to buy? How much money will you need to buy the contract, and how much will you need to settle the contract? D. Prices are quoted in increments of 1/32 of 1%, so the quote of 1042.9 translates into 1042.9/32, which converts to a quote of 104.09063% of par Five-year Treasury notes have a par value of $100,400, so you will need to buy one contract The intial margin deposit, or the amount money you will need to buy the contract, is $680. (Round to the nearest dollar.) The initial margin deposit, or the amount money you will need to buy the contract, is $ (Round to the nearest dollar) The amount you will need to settle the contract is $ (Round to the nearest cent.)