What Is the Difference Between This Day's High and Closing

question 96

Multiple Choice

What is the difference between this day's high and closing prices for one 10-year Treasury note futures contract? Treasury note,$100,000,pts and one-half of 1/32 of a point

• A) $835.00
• B) $950.00
• C) $1,000.00
• D) $1,171.88
• E) $1,218.75

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Definitions:

Importing

The act of bringing goods or services into one country from another for sale.

Account Surpluses

Situations where a country's exports exceed its imports over a given period, leading to a positive balance of trade.

International Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold, facilitating international trade and investment.

Exports

Products or services traded or sold from one nation to another.