1. Three 10 year Government of Canada futures contract decreased in total value by $300. The...
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1. Three 10 year Government of Canada futures contract decreased in total value by $300. The original futures contract is priced at $121.50. What is the new price of the individual future's contact? What is the total value of the future's contracts? 1. Three 10 year Government of Canada futures contract decreased in total value by $300. The original futures contract is priced at $121.50. What is the new price of the individual future's contact? What is the total value of the future's contracts?
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To solve this problem we can use the concept of point value for futures contracts ... View the full answer
Related Book For
Modern Advanced Accounting in Canada
ISBN: 978-1259087554
7th edition
Authors: Hilton Murray, Herauf Darrell
Posted Date:
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