You Purchase an Interest Rate Futures Contract That Has an Initial

question 19

Multiple Choice

You purchase an interest rate futures contract that has an initial margin requirement of 15% and a futures price of $115,098.The contract has a $100,000 underlying par value bond.If the futures price falls to $108,000 you will experience a ______ percent loss on your money invested.

• A) 31
• B) 41
• C) 52
• D) 64

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Definitions:

Upper Buttock

Refers to the upper portion of the buttock area, often considered for injections or assessing muscle development.

Killed Pathogen Vaccine

A type of vaccine made from a virus or bacteria that has been killed or inactivated, stimulating the immune system to respond without causing the disease.

Tetanus

An acute bacterial infection caused by Clostridium tetani, characterized by muscle stiffness and spasms, particularly of the jaw and other major muscles.

Intramuscular (IM)

Type of injection administered into a muscle.