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13. A hedger sold 1 June 2008 T-bond futures contract at 92'15. The hedger chooses to deliver bonds with a 6.5% coupon that mature in

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13. A hedger sold 1 June 2008 T-bond futures contract at 92'15. The hedger chooses to deliver bonds with a 6.5% coupon that mature in 02/15/2026 with a conversion occurs on 06/15/2008, what is the invoice factor equal to 1.0565. If the delivery price? a. $1,625 b. $95,573 c. $97,198 d. $99,854 13. A hedger sold 1 June 2008 T-bond futures contract at 92'15. The hedger chooses to deliver bonds with a 6.5% coupon that mature in 02/15/2026 with a conversion occurs on 06/15/2008, what is the invoice factor equal to 1.0565. If the delivery price? a. $1,625 b. $95,573 c. $97,198 d. $99,854

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