If You Buy in March a Bond Future Contract for 150

question 3

Multiple Choice

If you buy in March a bond future contract for 150 that matures on June 30 of the same year, and on the maturity date the same future sells for 170, you have a ________ of $________.

• A) loss; 20000
• B) loss; 20
• C) profit; 20000
• D) profit; 20

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