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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: 10% per year, or 4,90% for six months. Spot price of bond: 93.75 The bond pays an 8% coupon, 4.00% every six months Contract value

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