10. Spot-Futures Parity (LO3, CFA1) A Treasury note futures contract has a quoted price of 100. The...

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10. Spot-Futures Parity (LO3, CFA1) A Treasury note futures contract has a quoted price of 100.

The underlying bond has a coupon rate of 7 percent and the current market interest rate is 7 percent.

Spot-futures parity then implies a cash bond price of:

a. 93

b. 100

c. 107

d. 114

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jul 25, 2024 09:00 AM

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10. Spot-Futures Parity (LO3, CFA1) A Treasury note futures contract has a quoted price of 100. The...

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Fundamentals Of Investments Valuation And Management

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