Exhibit 13-2 USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 29

Multiple Choice

Exhibit 13-2
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
A futures contract on Treasury bond futures with a December expiration date currently trade at 103:06. The face value of a Treasury bond futures contract is $100,000. Your broker requires an initial margin of 10%.
-Refer to Exhibit 13-2. Calculate the initial margin deposit.

• A) $10,000
• B) $10,360.50
• C) $10,318.75
• D) $10,230.63
• E) $10,429.35

---

Definitions:

Twins

Two individuals born from the same pregnancy, who can be either identical (from one egg) or fraternal (from two different eggs).

Adopted Children

Children who have been legally taken and raised by parents who are not their biological parents.

Heritability

The proportion of variation in traits among individuals that can be attributed to genetic factors.

Environment

The environment refers to the natural and artificial settings in which a person, animal, or plant exists and functions.