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.
Correct Answer:

Verified
Correct Answer:
Verified
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