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Calculate the value of a six-month futures contract on a Treasury bond. You have the following information: (Do not round intermediate calculations. Round your answer

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Calculate the value of a six-month futures contract on a Treasury bond. You have the following information: (Do not round intermediate calculations. Round your answer to 3 decimal places.) Six-month interest rate: 12% per year, or 5.80% for six months. Spot price of bond: 92.00. The bond pays a 10% coupon, 5.00% every six months. Contract value

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