You sold T-bill futures contracts when the quoted price was 92.50. When this position was closed out later, the quoted p
Posted: Tue Nov 23, 2021 8:56 am
You sold T-bill futures contracts when the quoted price was
92.50. When this position was closed out later, the quoted price
was 93.00. Determine the profit or loss per contract ($1,000,000),
ignoring transaction costs. (show your work) (2 points)
92.50. When this position was closed out later, the quoted price
was 93.00. Determine the profit or loss per contract ($1,000,000),
ignoring transaction costs. (show your work) (2 points)