What Is the Price Difference on a $100,000, 10-Year Treasury

question 58

Multiple Choice

What is the price difference on a $100,000, 10-year Treasury note futures contract between the highest and lowest prices at which the bond traded on this day? Treasury note, $100,000, pts and one-half of 1/32 of a point.
$\begin{array}{ccccc}\text { Contract } & \text { Open } & \text { High } & \text { Low } & \text { Close } \\\text { Jun, } 10 \mathrm{Yr} . \text { Treasury note } & 115^{\prime} 270 & 116^{\prime} 065 & 115^{\prime} 000 & 115^{\prime} 035\end{array}$

• A)$106.50
• B)$1,065.00
• C)$1,203.13
• D)$10,650.00
• E)$12,031.30

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