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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
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: 8% per year, or 3.90% for six months. Spot price of bond: 92.75. The bond pays a 6% coupon, 3.00% every six months
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