Question: Problem 1A: Problem 1B: Refer to Table 104. a. What was the settlement price on the June 2020 10-Year US. Treasury Notes futures contract on

Problem 1A:

Problem 1A: Problem 1B: Refer to Table 104. a. What was the settlement price on the June 2020 10-Year US. Treasury Notes futures contract

Problem 1B:

on March 13, 2020? (Do not round your intermediate calculations. Round your

Refer to Table 104. a. What was the settlement price on the June 2020 10-Year US. Treasury Notes futures contract on March 13, 2020? (Do not round your intermediate calculations. Round your percentage answer to 3 decimal places. (e.g., 32.161)) b. How many June 2020 5-Year U.S. Treasury Notes futures contracts traded on March 13, 2020? c. What is the face value on a European currency futures contract on March 13, 2020? d. What was the settlement price on the June 2020 E-mini Dow futures contract on March 13, 2020? (Round your answer to 2 decimal places. (e.g., 32.16)) % 1,489,041 a. Settlement price of 10-Year US. Treasury Notes notes futures contract b. Number of 5-Year U.S. Treasury Notes futures contracts c. Face value on a European currency futures contract d. Settlement price of E-mini Dow futures contract EUR $ 22,664.00 TABLE 10-4 Futures Quote, March 13, 2020 INTEREST RATE FUTURES Prior Settle Last Change Open High Low Volume 178'08 176'15 -2'00 -2'17 180'08 179'00 174'11 173'00 17904 180/23 174'11 172'05 200 407,014 Expiration U.S. Treasury Bonds ($100,000; pts 32nds of 100%) Mar 2020 Jun 2020 10-Year US. Treasury Notes ($100,000; pts 32nds + 128ths of 100%) Mar 2020 Jun 2020 5-Year U.S. Treasury Notes ($100,000; pts 32nds +128ths of 100%) Mar 2020 Jun 2020 2-Year U.S. Treasury Notes ($100,000; pts 32nds + 128ths of 100%) Jun 2020 Sep 2020 136'005 136'060 -0 280 -1'020 136 285 137'080 136'040 138'035 137'040 137'160 135/250 135 255 687 2,187,664 123207 123'165 124'055 -0042 -O 102 123100 124'275 123165 125'025 123'085 123'312 14 1,489,041 124' 157 110'047 110'100 0'002 0'055 110045 110045 1 10'073 110'100 110'095 110'100 110'033 110'100 822,318 1 CURRENCY FUTURES Prior Settle Last Change Open High Low Volume 0.00925 0.00927 -0.00025 -0.00026 0.00951 0.00952 0.00954 0.00957 0.00957 0.00957 0.00922 0.00925 63,584 364 0.72360 0.72285 0.00145 0.00070 0.72215 0.72215 0.71825 0.71940 0.72555 0.72340 0.71435 0.71600 44,699 66 Expiration Japanese Yen Mar 2020 Apr 2020 Canadian Dollar Mar 2020 Apr 2020 British Pound Mar 2020 Apr 2020 Euro Mar 2020 Apr 2020 INDEX FUTURES 1.23090 1.22830 -0.02730 -0.03040 1.25820 1.25870 1.25730 1.25450 1.26250 1.26230 1.22590 1.22830 42.166 201 1.11185 1.11500 -0.00595 -0.00740 1.11780 1.11890 1.11690 1.11880 1.12230 1.12430 1.10550 1.10750 150,468 504 Prior Settle Last Change Open High Low Volume 22,835 22,664 1,750 1,720 21,085 20,944 23,008 22,830 23,147 23,022 20,388 20,230 230,169 230,212 Expiration E-mini Dow Index ($5 x DJIA Index) Mar 2020 Jun 2020 E-Mini S&P 500 Index ($50 x S&P 500 Index) Mar 2020 Jun 2020 E-Mini Nasdaq -100 Index ($20 x Nasdaq-100 Index) Mar 2020 Jun 2020 E-Mini Russell 2000 Index ($50 x Russell 2000 Index) Mar 2020 Jun 2020 2.664.75 2,652.75 195.75 196.75 2,469.00 2,456.00 2,689.75 2,678.25 2,707.75 2,697.25 2,393.50 2,380.00 3.295.273 3,182,675 7.823.00 7,810.25 607.75 608.50 7,215.25 7910.00 7,978.00 7,201.75 7.891.00 7,961.00 6,942.50 6,925.25 578,813 440.248 1199.70 1191.20 89.80 85.70 1109.90 1105.50 1197.80 1196.20 1217.30 1211.60 1070.50 1056.60 299,016 297,538 You have purchased a put option on Pfizer common stock. The option has an exercise price of $55 and Pfizer's stock currently trades at $57. The option premium is $0.40 per contract. a. What is your net profit on the option if Pfizer's stock price does not change over the life of the option? b. What is your net profit on the option if Pfizer's stock price falls to $51 and you exercise the option? (For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) X Answer is complete but not entirely correct. . Net profit $ (2.40) per share per share b. Net profit $ 3.60

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