Solved

22-98 an Investor Sold a $100,000 Treasury Bond Futures Contract

Question 91

Multiple Choice

22-98 An investor sold a $100,000 Treasury bond futures contract at 99-02/32nds yesterday.Today the Treasury bond futures settlement price is 99-31/32nds.What is the one-day profit or loss on the Treasury bond futures position?


A) A profit of $906.25.
B) A loss of $906.25.
C) A profit of $733.
D) A loss of $733.
E) A loss of $290.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents