Question # 61

A speculator shorts 1 T-bond futures at 122-16. Contract = $100,000, tick = 1/32 ($31.25). Price falls to 121-16. Profit?

Options:

A.

$500

B.

$1,000

C.

$1,500

D.

$3,125

Viewing question 61 out of 69 questions
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