Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones. 20. You...

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Finance

imagePlease use ONLY an Excel spreadsheet for the solutionsno handwritten ones.

20. You purchase a Treasury-bond futures contract with an initial margin requirement of 30% and a futures price of $124,500. The contract is traded on a $100,000 underlying par value bond. If the futures price falls to $107,400, what will be the percentage loss on your position

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