Change in equity in a one-contract short futures
Question: The contract size for T-bond futures is $100,000. If bond futures decline from 96-04 to 94-12 the change in equity in a one-contract short futures position would be? (ignore transaction cost)
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A bank customer will be going to London in June to purchase $100,000 in new inventory. The current spot and futures exchange rates are as follows:
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If bond futures decline from 96-04 to 94-12 the change in equity in a one-contract short futures position would be? (ignore transaction cost)
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