The Value of a BAB Futures Contract Is 100 Minus

question 34

True/False

The value of a BAB futures contract is 100 minus the yield.

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Definitions:

Normally Distributed

Refers to a probability distribution which is evenly shaped around the mean, indicating that occurrences of data close to the mean are more common than occurrences of data distant from the mean.

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by their quantity.

Standard Deviation

A method to assess how much the values in a dataset diverge from one another.

Normally Distributed

A type of distribution characterized by a symmetrical bell-shaped curve, where the mean, median, and mode are equal.