What is the total gain or loss (in dollars) on Treasury bond futures contracts ($100,000 per contract) for each of the following transactions? Assume that the holding period in each case is for 3 months.
(a) Sell 20 T-bond contracts at a price of 93-20 and buy back at 85-12.
(b) Buy 10 T-bond contracts at 84-10 and sell them off at 87-01.

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The Answer of What is the total gain or loss (in dollars) on Treasury bond futures contracts ($100,000 per contract) for each of the following transactions? Assume that the holding period in each case is for 3 months.
(a) Sell 20 T-bond contracts at a price of 93-20 and buy back at 85-12.
(b) Buy 10 T-bond contracts at 84-10 and sell them off at 87-01.

What Is the Total Gain or Loss (In Dollars) on Treasury