Suppose a CBOT 10-Year U

question 8

Multiple Choice

Suppose a CBOT 10-year U.S.Treasury note futures contract has a quoted price of 103-18.If annual interest rates go up by 1.00 percentage point,what is the gain or loss on the futures contract? (Assume a $1,000 par value,round the new interest rate to 4 decimal places when written as a decimal,and round the change in price up to the nearest whole dollar.)

• A)−$61.00
• B)−$64.00
• C)−$67.00
• D)−$71.00
• E)−$75.00

---

Definitions:

Cooperative

A way of interacting that involves working together towards a common goal, often emphasizing shared values and mutual support.

Sense of Dethronement

The emotional turmoil or insecurity experienced, typically by the first-born child, upon the arrival of a sibling.

Second-borns

Individuals born as the second child in a family, who may experience different developmental and social influences compared to their siblings.

First-borns

The eldest child in a family, often attributed with characteristics such as leadership and responsibility due to their birth order.