What is the difference between this day's high and closing prices for one 10-year Treasury note futures contract? Treasury note,$100,000,pts and one-half of 1/32 of a point

A) $835.00
B) $950.00
C) $1,000.00
D) $1,171.88
E) $1,218.75

Question

What is the difference between this day's high and closing prices for one 10-year Treasury note futures contract? Treasury note,$100,000,pts and one-half of 1/32 of a point

A) $835.00 
B) $950.00 
C) $1,000.00 
D) $1,171.88 
E) $1,218.75

Quizplus · Accepted Answer

Difference = $100,000 × (112% + (5 / 32)% - 110% - (30 / 32)%) = $1,218.75

What Is the Difference Between This Day's High and Closing