Q16: "If you purchase a $100,000 interest-rate futures contract for 105, and the price of the Treasury securities on the expiration date is 108" your profit is $3000 your loss is $3000 your profit is $8000 your loss is $8000
Q16: "If you purchase a $100,000 interest-rate futures contract for 105, and the price of the Treasury securities on the expiration date is 108" your profit is $3000 your loss is $3000 your profit is $8000 your loss is $8000
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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which one is correct please confirm?
Q16:
"If you purchase a $100,000 interest-rate futures contract for 105, and the price of the Treasury securities on the expiration date is 108"
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your profit is $3000
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your loss is $3000
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your profit is $8000
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your loss is $8000
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