What is the implied nominal interest rate on a 10-year U.S. T-notes ($100,000)futures contract that settled at
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What is the implied nominal interest rate on a 10-year U.S. T-notes ($100,000)futures contract that settled at 103–060? If interest rates increased by 3%, what would be the contract’s new value?
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Futures contract settled at 103 6 32 of 100000 contract value so PV 1031875 X 1000 1031875 X 1...View the full answer
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Related Book For 
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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