Multiple Choice
Suppose a Treasury Bill futures contract is quoted at a settlement price of 96.45 percent of par. If two months from now the futures price is quoted at 95.45 percent of par, what would be the gain or loss for a long Treasury Bill futures position over this period?
A) -$2,550
B) -$2,450
C) $2,450
D) $2,550
Correct Answer:
Verified
Correct Answer:
Verified
Q11: If someone had a need to lock
Q12: A Eurodollar is a dollar-denominated deposit<br>A) outside
Q13: Suppose a $10,000 Treasury Bill with 85
Q14: Banks usually make duration adjustments by<br>A) altering
Q15: Immunization strategies deal mostly with<br>A) credit risk<br>B)
Q17: A bank's funds gap equals<br>A) the extent
Q18: If interest rates are expected to rise,
Q19: The most important intermediate term interest rate
Q20: Suppose a $10,000 Treasury Bill with 82
Q21: A $10,000 6-month T-bill sells for $9,800.