The most recent futures settlement price is 93-06. What is the cost to deliver the following bond? Quoted Bond Price Conversion Factor 99.5 1.014 (required precision: 0.01 +/- 0.01)
The most recent futures settlement price is 93-06. What is the cost to deliver the following bond? Quoted Bond Price Conversion Factor 99.5 1.014 (required precision: 0.01 +/- 0.01)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter24: Enterprise Risk Management
Section: Chapter Questions
Problem 2P: A Treasury bond futures contract has a settlement price of 89’08. What is the implied annual yield?
Question
The most recent futures settlement price is 93-06. What is the cost to deliver the following bond?
Quoted |
Conversion Factor |
99.5 | 1.014 |
(required precision: 0.01 +/- 0.01)
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