You shorted a futures contract on three-month treasury


You shorted a futures contract on three-month Treasury bills. The quoted futures price when you shorted is 98.05. You hold the futures contract to maturity date and deliver the three-month Treasury bill. How much will you receive in exchange of the T-bill?

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Financial Management: You shorted a futures contract on three-month treasury
Reference No:- TGS02148802

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