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Sue Buys a Futures Contract for U

Question 40

Multiple Choice

Sue buys a futures contract for U.S.Treasury bonds and on the settlement date the interest rate on U.S.Treasury bonds is higher than Sue expected.Sue will have:


A) Gained money on her short position.
B) Gained money on her long position.
C) Lost money on her long position.
D) Lost money on her short position.

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