Suppose you buy a call option on a $1 million Canada bond futures contract with an exercise price of 150 for a premium of $20,000.

Suppose you buy a call option on a $1 million Canada bond futures contract with an exercise price of 150 for a premium of $20,000. If on expiration the futures contract has a price of 155, what is your profit or loss on the contract? 

Need your ASSIGNMENT done? Use our paper writing service to score good grades and meet your deadlines.


Order a Similar Paper Order a Different Paper