What is the price difference on a $100,000, 5-year Treasury note futures contract between the high...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
What is the price difference on a $100,000, 5-year Treasury note futures contract between the high and low prices? Express your answer in both standard bond quotes and as a dollar value. Round your answer to the nearest $1. Contract Jun, 5 Yr. Treasury note Open High 112-06.875 112-12.75 Low 111-17.5 Close 111-250 What is the price difference on a $100,000, 5-year Treasury note futures contract between the high and low prices? Express your answer in both standard bond quotes and as a dollar value. Round your answer to the nearest $1. Contract Jun, 5 Yr. Treasury note Open High 112-06.875 112-12.75 Low 111-17.5 Close 111-250
Expert Answer:
Answer rating: 100% (QA)
To calculate the price difference on a 100000 5year Treasury note futur... View the full answer
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Posted Date:
Students also viewed these finance questions
-
Crazy Crab Cosmetics Company Year 1 Year 2 EBITDA $21,360 $24,750 Total value of equity $243,000 $225,000 Total firm value $364,500 $405,000 In Year 1, Crazy Crab has an entity multiple of (Note:...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
A trader bought a 10 year T note futures at 128'13 and sold it at 109'25. how much is his profit? Keep your answer to two decimal places. Suppose that 6-month, 12-month, 18-month, and 24-month zero...
-
2. Consider two households, one with an income twice as large as the other. Both households pay the equivalent of 5% of their income to consume free (public) education to the quantity PS (where PS...
-
A mass of 3 kg nitrogen gas at 2000 K, V = C, cools with 500 W. What is dT/dt?
-
Yalland Manufacturing Company makes two different products, M and N. The company's two departments are named after the products; for example, Product M is made in Department M. Yalland's accountant...
-
A system consists of 6 components connected as in Figure 16.3. Find the overall reliability of the system, given that the reliabilities of \(A, B, C, D, E\), and \(F\) are, respectively,...
-
Selected financial information of Gray Plains Inc. for the current year follows. During the year, Gray Plains Inc. took advantage of the current interest rates and called $125 million of long-term...
-
Glendale Pediatrics is a nine-clinician pediatric group practice. The practice serves a largely middle-class suburban population and prides itself on the provision of preventive services. One of the...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
(a) Mr. A is planning to buy a bond which is priced at Rs 2000. He would receive Rs 220 at the end of one year as principle plus interest. Mr. A to buy this bond? Explain your answer. b)What...
-
What is the market structure? give an example and the characteristics of each type of structure.
-
Pick a publicly-traded company and exam the company products (I chose Google Company) . If the company produces many products, please pick one important product ( I picked Google search )and explain...
-
At 30, Maya, a dedicated soware developer with a passion for wildlife photography and environmental conservaon, is planning for early rerement from the workforce by age 50. With $150,000 already in...
-
Many companies claim to have a team-based organization, yet relatively few have actually adopted this form of departmentalization. Describe three (3) structural features that would suggest that a...
-
The following financial information is given. Year 1 Year 2 Book value of assets $18,000 $26,000 Market value of equity 18,000 60,000 12 months ended Year 1 12 months ended Year 2 Sales $1,000 $1,300...
-
Present Worth of equal life alternatives A & D = Present Value/Cost (P) B & E = Annual Cost (AOC) C & F = Annual Return/Income (R) Salvage Cost/Value (S) = RM15,000 MARR (i%) = 12% n = 5...
-
Review Exhibit 11.4. Analyze each product on the graph according to the characteristics that influence the rate of adoption. For example, what can you conclude from the data about the relative...
-
Suppose you buy stock at a price of $57 per share. Five months later, you sell it for $61. You also received a dividend of $0.60 per share. What is your annualized return on this investment?
-
Which of the following is closest to the expected return of a portfolio that consists of 90 percent of the original portfolio, 5 percent of the Hi Rise (HR) Real Estate Fund, and 5 percent of the...
-
Which of the following best describes the potential problem with Mr. Higginss investment strategy? a. He will underestimate the risk of his portfolio and underestimate the impact of an event on...
-
A fertilizer producing company purchases nitrates, phosphates, potash, and an inert chalk base and produces four different fertilizers A, B,C, and D. The cost of these nitrates, phosphates, potash,...
-
Heavy fuel oil, initially semisolid at $15^{\circ} \mathrm{C}$ is to be heated and pumped through a $15 \mathrm{~cm}$ diameter (inside) pipe at the rate of $20000 \mathrm{~kg} / \mathrm{h}$. The pipe...
-
The topological optimization is discussed in chapter 1. Here, we will consider a topological optimization problem for a chemical process plant. The layout of the chemical process plant has been shown...
Study smarter with the SolutionInn App