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The Current Price of June $100,000 T-Bonds Trading on the Chicago

Question 8

Multiple Choice

The current price of June $100,000 T-Bonds trading on the Chicago Board of Trade is 109-24.What is the price to be paid if the contract is delivered in June?


A) $107,240.
B) $109,240.
C) $109,750.
D) $110,250.
E) $115,760.

Correct Answer:

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