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If a $100,000 Treasury Bond Futures Contract Changes by 15/32

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If a $100,000 Treasury bond futures contract changes by 15/32, what is the dollar change?


Definitions:

Agentic

Pertaining to an agent or someone who acts; relating to actions that result from one's own choices and decisions, rather than external forces.

Least Preferred Co-Worker

A concept used to measure a leader's task or relationship orientation by assessing their feelings about their least preferred coworker.

Leadership Style

The patterns, methods, and behaviors used by an individual to influence, motivate, and direct others in a group or organization.

Evolutionary Perspective

A theoretical approach in various disciplines that examines the evolutionary basis of behaviors and traits, arguing that many human psychological processes and physical features have evolved to solve recurrent problems in human ancestral environments.

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