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Assume convergence of yields to the mid-point of 3.61% and 3.26%, what is the profit for a successful trading where the long position is a
Assume convergence of yields to the mid-point of 3.61% and 3.26%, what is the profit for a successful trading where the long position is a $1,000 face value bond? (hint: its about $26 but can you calculate the exact amount?)
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