22-102 If Treasury Bond Futures Prices Are Currently 89-00/32nds,what Is

question 74

Multiple Choice

22-102 If Treasury bond futures prices are currently 89-00/32nds,what is the value of the Treasury bond futures hedge position?

• A)$30,000,000.
• B)$28,387,500.
• C)$26,700,000.
• D)$89,000,000.
• E)$890,000.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, leading to its net income or loss.

Direct Labor Cost

Expenses directly attributable to the production of goods or services, including wages and salaries for workers who physically produce products.

Cell Phone Manufacturer

A company engaged in the production of mobile phones, involving processes from design and development to assembly and testing of devices.

Assembly Worker

An employee tasked with the assembly of components into finished products, typically working on a manufacturing line.