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Gain or loss on the futures contract


Problem:

Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. If annual interest rates go up by 1.00 percentage point,

Required:

Question: What is the gain or loss on the futures contract?

Note: Show supporting computations in good form.

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Accounting Basics: Gain or loss on the futures contract
Reference No:- TGS0889015

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