Question
A deliverable Treasury bond has accrued interest of 3.42 per $100, a coupon of 9.5 percent, a price of 135 and a conversion factor of
A deliverable Treasury bond has accrued interest of 3.42 per $100, a coupon of 9.5 percent, a price of 135 and a conversion factor of 1.195. The futures price is 112.25. What is the invoice amount?
- 137.56
- 143.64
- 161.33
- 134.14
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
