2. If the portfolio you manage is holding $25 million of 6s of 2023 Treasury bonds with...

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2. If the portfolio you manage is holding $25 million of 6s of 2023 Treasury bonds with a price of 110, what forward contract would you enter into to hedge the interest-rate risk on these bonds over the coming year?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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