Assume That a Futures Contract on Treasury Bonds with a Face

question 67

Multiple Choice

Assume that a futures contract on Treasury bonds with a face value of $100,000 is purchased at 93-00. If the same contract is later sold at 94-18, what is the gain, ignoring transactions costs?

• A)$1,180,000
• B)$118
• C)$11,800
• D)$15,625
• E)$1,562.50

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Definitions:

Equal Pay

The principle of compensating employees equally for work of equal value regardless of gender, race, or other non-performance-related factors.

Skill-Based Pay

A compensation system that pays employees based on the skills they have acquired, rather than their job title or position alone.

Workforce Flexibility

The ability of an organization's workforce to adapt to changes and challenges, including varying schedules, tasks, and work environments.

Redesigning Jobs

The process of modifying job roles and responsibilities to improve efficiency, employee satisfaction, or adapt to organizational changes.