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Natalija [7]
3 years ago
13

The purchaser of a tbond futures contract priced at 101-16 at the time of the sale agrees to deleiever 100,000 facevalue treasur

y bond in exchange for
Business
1 answer:
jek_recluse [69]3 years ago
5 0

Answer:

The answer is "True".

Explanation:

Please find the complete question in the attached file.

It implies that its price of the bond is 101-16, which is to say

\to 101 + \frac{16}{32}\\\\\to  \frac{3232+ 16}{32} \\\\\to  \frac{3248}{32} \\\\\to 101.5

Each bond is thus stated as 101.5 \% face value

\to 101.5\% \times 100,000 \\\\\to 101,500.00

That's why this statement is true.

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