Which of the following about Australian Treasury bond futures is NOT correct?
A) The Australian Treasury bond futures contract of 8 per cent is quoted as 92.0.
B) If a dealer buys a futures bond contract at 92.750 and sells at 93.500, she makes a profit.
C) If a dealer buys a futures contract at 7 per cent and sells at 8 per cent, he makes a profit.
D) Futures are quoted as index of 100 minus the yield so that the dealer can buy high and sell low.

Question

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The Answer of Which of the following about Australian Treasury bond futures is NOT correct?
A) The Australian Treasury bond futures contract of 8 per cent is quoted as 92.0.
B) If a dealer buys a futures bond contract at 92.750 and sells at 93.500, she makes a profit.
C) If a dealer buys a futures contract at 7 per cent and sells at 8 per cent, he makes a profit.
D) Futures are quoted as index of 100 minus the yield so that the dealer can buy high and sell low.

Which of the Following About Australian Treasury Bond Futures Is