a trader bought a 10 year T note futures at 119'6 and sold it at 107'30....
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a trader bought a 10 year T note futures at 119'6 and sold it at 107'30. how much is his profit? |
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Correct Answer: -11,250.0 How do you get this answer? |
Homework Answers
T note futures are quoted in 32nds
=(sale price-purchase price)/100*100000
=(107+30/32-119-6/32)/100*100000
=-11250
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a trader bought a 10 year T note futures at 119'6 and sold it at
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