Suppose a U.S. Treasury bond futures contract has a quoted price of 100'16. If annual...
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Finance
Suppose a US Treasury bond futures contract has a quoted price of If annual interest rates go up by percentage point, what is the gain or loss on the futures contract? Assume a $ par value, and round to the nearest whole dollar.
Group of answer choices
A loss of $
A gain of $
A loss of $
A gain of $
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