22-97 An investor buys a $100,000 Treasury bond futures contract at 99-13/32nds.The following day the Treasury bond futures settlement price is 99-26/32nds.What is the one-day profit or loss on the Treasury bond futures position?
A) A profit of $406.25.
B) A loss of $406.25.
C) A profit of $130.
D) A loss of $329.
E) A profit of $329.
Correct Answer:
Verified
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