A: A.
Analysis of long-term treasury bond futures quotes in the United States, such as 98? 15 (or 98- 15), the quotation consists of two parts. 98? 15? . One part is called the integer part of treasury bond futures quotation, and the other part is called the decimal part of treasury bond quotation. Some price changes? 1? It means $65,438+000,000/65,438+000 = 65,438+0000. What are some values? 00 to 3 1? , using 32-bit decimal system, this part of the price changes? 1/32? On behalf of 1000? 1/32 = 3 1.25 USD. The contract value of this topic is (98+ 15/32)? 1000 = 98468.75 (USD).