Btizza company purchased one t-bill futures contract when, Ask an Expert

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Btizza Company purchased one T-Bill futures contract when the quoted price was 99.25. When the position was closed out, the price of the T-Bill futures contract was 102.12. What was Brizza's profit or loss from this contract (ignoring transaction costs)?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424456

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