If you purchase a $100,000 interest-rate futures contract for 105,and the price of the Treasury securities on the expiration date is 108,your ________ is ________.
A)profit;$3000
B)loss;$3000
C)profit;$8000
D)loss;$8000

Question

Quizplus · Accepted Answer

The profit is calculated as the difference between the selling price and the purchase price: (108 - 105) * $1,000 = $3,000.

If You Purchase a $100,000 Interest-Rate Futures Contract for 105,and