If a Futures Contract for U

question 8

Multiple Choice

If a futures contract for U.S. Treasury bonds decreases by "17" in the financial page listings, the price of the contract decreased by:

• A) $531.25.
• B) $170.00.
• C) $340.00.
• D) $1700.00.

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Definitions:

Disproportionately

To an extent that is too large or too small in comparison with something else.

Racial

Relating to the categorization of people based on physical and genetic characteristics such as skin color and facial features.

Ethnic Groups

Categories of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Transferred

Moved from one place, person, or thing to another.