0-year Canada Treasury bonds $100K, pts of 100%, 1 pt = $10

$\begin{array}{|r|r|l|r|r|r|r|r|r|}
\hline \text { sea hi } & \text { sea lo } & \text { mth } & \text { Open } & \text { high } & \text { low } & \text { settle } & \text { chg } & \text { op int } \
\hline 113.78 & 110.05 & \text { Mar } 05 & 112.80 & 113.22 & 112.78 & 112.95 & +0.05 & 139272 \
\hline 112.44 & 111.94 & \text { Jun } 05 & 112.10 & 112.44 & 112.00 & 112.16 & +0.05 & 46212\
\hline
\end{array}$
-You purchased one March Canada bond futures contract at the opening price of the day, and sold it for the closing price. What was your dollar profit?

Question

0-year Canada Treasury bonds $100K, pts of 100%, 1 pt = $10

$\begin{array}{|r|r|l|r|r|r|r|r|r|}
\hline \text { sea hi } & \text { sea lo } & \text { mth } & \text { Open } & \text { high } & \text { low } & \text { settle } & \text { chg } & \text { op int } \
\hline 113.78 & 110.05 & \text { Mar } 05 & 112.80 & 113.22 & 112.78 & 112.95 & +0.05 & 139272 \
\hline 112.44 & 111.94 & \text { Jun } 05 & 112.10 & 112.44 & 112.00 & 112.16 & +0.05 & 46212\
\hline 
\end{array}$
-You purchased one March Canada bond futures contract at the opening price of the day, and sold it for the closing price. What was your dollar profit?

Quizplus · Accepted Answer

The profit is calculated based on the difference between the selling price and the buying price, multiplied by the contract size. The opening price was 112.80, and the closing price was 112.95. The difference is 0.15 points. Since 1 point = $10, the profit is 0.15 * $10 * $100,000 / 100 = $150.00.

0-Year Canada Treasury Bonds $100K, Pts of 100%, 1 Pt