The CBOE lists the current price for a June 2013 10-Year Treasury future as 132'155. The contract specifications state that the price quote is Points ($1,000) and halves of 1/32 of a point.
Does this mean that if I want to buy one June 10-Year Treasury Future, I would have to pay $132,484.375*?
*That is (132 + 15.5 / 32) * $1000.