IBM sells a Trea sury bond futures agreement for $94,000. On the delivery date, the spot price is $95,000. IBM sold the futures agreement to speculate. Does IBM win or lose? Explain List some reasons...

IBM sells a Trea sury bond futures agreement for $94,000. On the delivery date, the spot price is $95,000. IBM sold the futures agreement to speculate. Does IBM win or lose? Explain

List some reasons that Henry should consider purchasing a fund of funds. Are there any reasons he should not?