$1.$ On January $1,2011,$ Anne sells a futures contract for a Treasury bond to Ben. Anne promises to deliver the bond on July $1,2011,$ and Ben promises to pay $$100$ on that date. If Treasury bonds are selling for $$105$ on July $1,2011$:

A$)$ Both Anne and Ben win.

B$)$ Both Anne and Ben lose.

C$)$ Anne wins and Ben loses.

D$)$ Anne loses and Ben wins.