A trader enters into a long position in one Eurodollar futures contract. How much does the trader gain when the futures price quote increases by 6 basis points?
A. $6
B. $150
C. $60
D. $600
B
The trader gains $25 for each basis point. The gain is therefore 25×6 or $150
You might also like to view...
What can be done to minimize the loss of nonverbal feedback from the audience during the online presentation?
A) Consider the experience from the audience member's viewpoint. B) Keep your presentation as simple as possible. C) Send preview materials ahead of time. D) Incorporate "human moments" as often as possible. E) Ask for feedback via a backchannel frequently.
The concepts of direct expenses and uncontrollable costs are essentially the same; also, indirect expenses and controllable costs are essentially the same.
Answer the following statement true (T) or false (F)
Hauser takes temporary family leave from his job at Gelato Confectionary Corporation to care for a new baby. On Hauser's return from the leave, Gelato must
A. restore Hauser to his original position. B. reimburse Hauser for his expenses while on leave. C. promote Hauser to the status of a key employee. D. do nothing.
The ? calculation is made under the premise that the null hypothesis is true and should rightfully be accepted
Indicate whether the statement is true or false