-Suppose You Purchased 5 of the December Treasury Bond Futures

question 86

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 purchased 5 of the December Treasury bond futures contracts at the lifetime low and sold them at the close on this day. What was your profit on this transaction?

• A) $38,746.00
• B) $29,187.50
• C) $33,485.75
• D) $31,400.00
• E) $34,894.50

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