You own a put contract on a treasury bond with a strike


You own a put contract on a Treasury bond with a strike price of 101-12. The contract represents $100,000 of bond principal, and had a premium of $750. The actual Treasury bond price falls 98-16 at the expiration. What is the gain/loss on the position?

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Financial Management: You own a put contract on a treasury bond with a strike
Reference No:- TGS02147523

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