On January 1, the Listed Spot and Futures Prices of a Treasury

question 72

Multiple Choice

On January 1, the listed spot and futures prices of a Treasury bond were 95-4 and 95-6. You sold $100,000 par value Treasury bonds and purchased one Treasury bond futures contract. One month later, the listed spot price and futures prices were 95 and 94-4, respectively. If you were to liquidate your position, your profits would be a

• A) $125 loss.
• B) $125 profit.
• C) $1,060.50 loss.
• D) $1,062.50 profit.
• E) None of the options are correct.

Identify and categorize the three main families of rocks: sedimentary, igneous, and metamorphic.

Understand the processes involved in the rock cycle, including formation, transformation, and the sequence of changes that rocks undergo.

Recognize the environmental conditions and processes that lead to the formation of metamorphic rocks.

Differentiate between volcanic and plutonic igneous rocks based on their formation environments.

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Definitions:

Carbon Atoms

The basic building blocks of all organic compounds, consisting of six protons and six neutrons.

Structure

The arrangement of atoms within a molecule which defines the molecule's properties and reactions.

Water Soluble

The ability of a substance to dissolve in water, forming a homogenous mixture.

Compound

A material composed of multiple elements chemically combined in a specific proportion.