If you buy a put option on a 100000 dollar treasury bond


If you buy a put option on a $100,000 dollar Treasury Bond futures contract with an exercise price of 95 and the price of the Treasury Bond is 120 at expiration, is the contract in the money, out of the money, or at the money? What is you profit or loss on the contract if the premium was $4,000?

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Financial Management: If you buy a put option on a 100000 dollar treasury bond
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