What is the implied interest rate on a Government of Canada bond ($100,000) futures contract that settled

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What is the implied interest rate on a Government of Canada bond ($100,000) futures contract that settled at 112.75? If interest rates increased by 1%, what would be the contract's new value?

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Financial Management Theory And Practice

ISBN: 978-0176583057

3rd Canadian Edition

Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason

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