Suppose you purchase a Treasury bond futures contract at a price of 90 percent of...
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Finance
Suppose you purchase a Treasury bond futures contract at a price of 90 percent of the face value, $100,000. a. What is your obligation when you purchase this futures contract? b. Assume that the Treasury bond futures price falls to 89.10 percent of face value. What is your loss or gain? c. Assume that the Treasury bond futures price rises to 92.00 percent of face value. What is your loss or gain?
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