On Monday morning you sell one June T-bond futures contract at 97:27 or for $97 843.75. The contract's face value is $100 000. The initial margin requirement is $2 700 and the maintenance margin requirement is $2 000 per contract. Use the following price data to answer the question. Your cumulative rate of return on your investment after Wednesday is a/an ________.

Question

On Monday morning you sell one June T-bond futures contract at 97:27 or for $97 843.75. The contract's face value is $100 000. The initial margin requirement is $2 700 and the maintenance margin requirement is $2 000 per contract. Use the following price data to answer the question.  Your cumulative rate of return on your investment after Wednesday is a/an ________.

Quizplus · Accepted Answer

Margin account = $2 543.75 - ($100 000 - 98 000) = $543.75 Cumulative rate of return = 11ee763a_a7b7_b7e3_90da_4d396e0b2d5b_TB10008_00

On Monday Morning You Sell One June T-Bond Futures Contract