Question: A trader sells 17 10-year bond futures at 99.88, buys 3 at 99.82, buys 6 at 99.78, buys 3 at 99.72, shorts 15 at 99.68,
A trader sells 17 10-year bond futures at 99.88, buys 3 at 99.82, buys 6 at 99.78, buys 3 at 99.72, shorts 15 at 99.68, buys 2 at 99.74, buys 6 at 99.72 and the market closes at 99.70. How much profit did she make?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
15 20 25 5 10 Given clasing price 2 9970 If closin... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
