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Futures calculation questions for help!
There is something wrong with your topic. Prices should be 99-020 and 98- 160.

For example, if the face value of the contract is $65,438+000,000, a dot represents $65,438+0000. How many points? How many points are quoted? One point is $365438 +0.25.

The initial contract value is 99×1000+31.25× 2 = 99062.5.

The settlement value is 98×1000+31.25×16 = 98500.

The result is 562.5.