Suppose a Treasury Bill futures contract is quoted at a settlement price of 96.45 percent of par. If two months from now the futures price is quoted at 95.45 percent of par, what would be the gain or loss for a long Treasury Bill futures position over this period?

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The Answer of Suppose a Treasury Bill futures contract is quoted at a settlement price of 96.45 percent of par. If two months from now the futures price is quoted at 95.45 percent of par, what would be the gain or loss for a long Treasury Bill futures position over this period?

Suppose a Treasury Bill Futures Contract Is Quoted at a Settlement