You find the following current quote for the March T-bond contract: $100,000; Pts 32 nd, of 100 percent. Open High Low Settle Open Interest 89-12 89-24 88-22 89-22 55,210 You went long in the contract at the open. Which of the following is/are true? 1. I. At the end of the day, your margin account would be increased. 2. II. 55,210 contracts were traded that day, 3. IIII. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120. 4. IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375,
You find the following current quote for the March T-bond contract: $100,000; Pts 32 nd, of 100 percent. Open High Low Settle Open Interest 89-12 89-24 88-22 89-22 55,210 You went long in the contract at the open. Which of the following is/are true? 1. I. At the end of the day, your margin account would be increased. 2. II. 55,210 contracts were traded that day, 3. IIII. You agreed to deliver $100,000 face value T-bonds in March in exchange for $89,120. 4. IV. You agreed to purchase $100,000 face value T-bonds in March in exchange for $89,375,
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:You find the following current quote for the March T-bond contract:
$100,000; Pts 32 , of 100 percent.
Open High Low Settle Open interest
89-12 89-24 88-22 89-22 55,210
You went long in the contract at the open. Which of the following is/are
true?
1. I. At the end of the day, your margin account would be increased,
2. II. 55,210 contracts were traded that day.
3. II. You agreed to deliver $100,000 face value T-bonds in March in
exchange for $89,120,
4. IV. You agreed to purchase $100,000 face value T-bonds in March in
exchange for $89,375.
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