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

Question 87

Multiple Choice

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

 sea hi  sea lo  mth  Open  high  low  settle  chg  op int 113.78110.05 Mar 05112.80113.22112.78112.95+0.05139272112.44111.94 Jun 05112.10112.44112.00112.16+0.0546212\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 nine June Canada bond futures at the low price of the day and sold them for the closing price. What was your dollar return?


A) -$7,775
B) $1,440
C) -$595
D) $6,860
E) $640

Correct Answer:

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