What Is the Normal Means of Delivery on a Treasury

question 43

Multiple Choice

What is the normal means of delivery on a Treasury note futures contract?

• A)delivery in cash
• B)change in registered ownership
• C)direct deposit of cash into the seller's bank account
• D)wire transfer of funds from the buyer's bank to the seller's bank
• E)payment by certified check on the maturity date

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Definitions:

Break-even

A position where overall costs and revenues balance out, culminating in zero net profit or loss.

Monthly Unit Sales

The total number of units of product sold in a month, often used to monitor sales trends and performance.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net profit or loss for the business.

Dollars

A unit of currency used in various countries, including the United States, Australia, and Canada.