MC Qu. 70 On Monday morning you sell one June T-bond... On Monday morning you sell one June T-bond futures contract at $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following questions. Day Monday Tuesday Wednesday Settle $ 97,406.25 $ 98,000.00 $100,000.00 The cumulative rate of return on your investment after Wednesday is a. Multiple Choice
MC Qu. 70 On Monday morning you sell one June T-bond... On Monday morning you sell one June T-bond futures contract at $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following questions. Day Monday Tuesday Wednesday Settle $ 97,406.25 $ 98,000.00 $100,000.00 The cumulative rate of return on your investment after Wednesday is a. Multiple Choice
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:MC Qu. 70 On Monday morning you sell one June T-bond...
On Monday morning you sell one June T-bond futures contract at $97,843.75. The contract's face value is $100,000. The initial margin
requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following
questions.
Day
Monday
Tuesday
Wednesday
Settle
$ 97,406.25
$ 98,000.00
$100,000.00
The cumulative rate of return on your investment after Wednesday is a.
Multiple Choice
79.9% loss
33% gain
Transcribed Image Text:Multiple Choice
O
O
O
O
79.9% loss
33% gain
53.9% loss
2.6% loss
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