When this position was closed out the quoted price was 9390


Profit from T-Bill:

Futures Rude Dynamics, Inc., sold T-bill futures contracts when the quoted price was 93.26. - When this position was closed out, the quoted price was 93.90. Determine the profit or loss per contract, ignoring transaction costs.

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Financial Management: When this position was closed out the quoted price was 9390
Reference No:- TGS01624690

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