At the beginning of the quarter, you purchased a $100,000 Treasury bond futures contract for 108-12. Calculate the profit on the futures contract if the price at the end of the quarter is 106-16, 108-20, 110-8, and 112-02.

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Price at Beginning of Quarter Price at End of Quarter $100,000 × 108.375= 108,375 $100,000 × 106.5 = 106,500 100,000 × 108.375 = 108,375 100,000 × 108.625 = 108,625 100,000 x 110.25 = 110,250 100,000 x 108.375= 108,375 100,000 × 108.375 = 108,375 100,000 x 112.0625= 112,062.5 ft The Profit or Loss Is -$ 1,875 $250 1,875 07 3,687.5