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A fund manager invested $10 million in government bonds (trading at par) is concerned about an increase in interest rates over the next 3 months.
A fund manager invested $10 million in government bonds (trading at par) is concerned about an increase in interest rates over the next 3 months. The manager decides to use the T-bond futures contract...
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Public Finance
Authors: John E. Anderson
2nd edition
978-0538478441, 538478446, 978-1133708360, 1133708366, 978-1111526986
