简答题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、150 C、600简答题A company has a ¥36 million portfolio with a beta of 1.2. The futures price for a contract on an index is 900. Futures contracts on ¥250 times the index can be traded. What trade is necessary to reduce beta to 0.9? A、Long 192 contracts B、Short 192 contracts C、Long 48 contracts D、Short 48 contracts简答题In Treasury bond futures, the party with the short position can choose which of the available bonds is ‘‘cheapest’’ to deliver.简答题The most recent settlement bond futures price is 103.5. Which of the following four bonds is cheapest to deliver? A、Quoted bond price = 110; conversion factor = 1.0400. B、Quoted bond price = 160; conversion factor = 1.5200. C、Quoted bond price = 131; conversion factor = 1.2500. D、Quoted bond price = 143; conversion factor = 1.3500.简答题Long position in FRA should be taken to hedge the risk of rising interest rates.