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    Money Banking and Financial Markets Study Set 2
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    Exam 9: Derivatives: Futures, Options, and Swaps
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    A Price of a Futures Contract for U
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A Price of a Futures Contract for U

Question 114

Question 114

Multiple Choice

A price of a futures contract for U.S.Treasury bonds listed as "111-15" is measured in:


A) 32nds.
B) 12ths.
C) 4ths.
D) Dollars; it stands for $111.15 but a dash is used instead of a period.

Correct Answer:

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