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5 . The futures price for the January 2013 bond futures contract is 117-17. a. Calculate the conversion factor for a bond maturing on July
5. The futures price for the January 2013 bond futures contract is 117-17.
a. Calculate the conversion factor for a bond maturing on July 1, 2029, paying a coupon of 12%.
b. Calculate the conversion factor for a bond maturing on May 1, 2035, paying coupon of 5%.
c. Calculate the conversion factor for a bond maturing on January 1, 2030, paying coupon of 6%.
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