Business
Business, 30.11.2019 01:31, 791197

Bill baher, a private investor, purchased a futures contract on treasury bonds at a price of 102-12. two months later, baher sells the same futures contract in order to close out the position. at that time, the futures contract specifies 103-15. what is baher's nominal profit? the par value of the futures contract is $100,000.
a. $1,030.00; profitb. $1,030.00; lossc. $1,093.75; profitd. $1,093.75; losse. none of the above

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Bill baher, a private investor, purchased a futures contract on treasury bonds at a price of 102-12....

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