If a futures contract for U.S. Treasury bonds increases by "15" in the financial page listings, the value of the contract increased by
A)$15.00.
B)$468.75.
C)$2133.33.
D)$15,000.00.

Name: If a futures contract for U.S. Treasury bonds increases by "15" in the financial page listings, the value of the contract increased by A)$15.00. B)$468.75. C)$2133.33. D)$15,000.00.
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Question

Quizplus · Accepted Answer

Each point in a Treasury bond futures contract equals $31.25, so an increase of 15 points would equal $468.75 ($31.25 x 15 = $468.75).

If a Futures Contract for U