You find the following current quote for the March T-bond contract: $100,000; Pts 32^nd,of 100 percent. You went long in the contract at the open. Which of the following is/are true?
I. At the end of the day,your margin account would be increased.
II. 55,210 contracts were traded that day.
III. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120.
IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375.

Question

You find the following current quote for the March T-bond contract: $100,000; Pts 32^nd,of 100 percent.

You find the following current quote for the March T-bond contract: $100,000; Pts 32<sup>nd</sup>,of 100 percent. You went long in the contract at the open. Which of the following is/are true? I. At the end of the day,your margin account would be increased. II. 55,210 contracts were traded that day. III. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120. IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375. A) I,II,and III only B) I,II,and IV only C) I and III only D) I and IV only E) IV only

You went long in the contract at the open. Which of the following is/are true?
I. At the end of the day,your margin account would be increased.
II. 55,210 contracts were traded that day.
III. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120.
IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375.

Quizplus · Accepted Answer

The Answer of You find the following current quote for the March T-bond contract: $100,000; Pts 32^nd,of 100 percent. You went long in the contract at the open. Which of the following is/are true? I. At the end of the day,your margin account would be increased. II. 55,210 contracts were traded that day. III. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120. IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375.

You Find the Following Current Quote for the March T-Bond