-Suppose You Sold 8 of the March Treasury Bond Futures

question 42

Multiple Choice

$\begin{array}{|l|r|r|r|r|r|rr|r} \hline & & & & & & {\quad\quad\text { Lifetime }} && \text { Open } \\\hline & \text { Open } & \text { High } & \text { Low } & \text { Settle } & \text { Chg } & \text { High } & \text { Low } & \text { Int } \\\hline \text { Dee } & 107.97 & 108.97 & 107.88 & 108.72 & 0.72 & 121.56 & 102.44 & 432,512 \\\hline \text { Mar } & 106.91 & 107.50 & 106.47 & 107.31 & 0.81 & 116.72 & 101.16 & 19,531 \\\hline\end{array}$
-Suppose you sold 8 of the March Treasury bond futures at the lifetime high and closed your position at the closing price this day. What was your profit on this transaction?

• A) $67,140
• B) $70,030
• C) $72,320
• D) $68,460
• E) $75,280

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Definitions:

Standard Deviation

A statistical measure that represents the dispersion or variation of a set of values, commonly used to assess risk in finance.

Average Return

Average return refers to the mean amount of profit or loss generated by an investment over a specified period.

Standard Deviation

A measure of the dispersion or variance in a distribution of data points, indicating how spread out the data is from its mean.

Average Return

The arithmetic mean of a series of returns generated over a period of time.