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Suppose the quoted price for a June 2008 10-year CGB futures contract has changed from 118.72 to ...

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Suppose the quoted price for a June 2008 10-year CGB futures contract has changed from 118.72 to ...

Suppose the quoted price for a June 2008 10-year CGB futures contract has changed from 118.72 to 118.77. What is the corresponding change in value in this futures contract?

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$70

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$60

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$50

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$30

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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You make an excellent tutor!

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Smart ... Thanks!

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