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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
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: 9% per year, or 4.40% for six months. Spot price of bond: 90.50. The bond pays a 7% coupon, 3.50% every six months.
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To calculate the futures price of the Treasury bond we can use the following formul...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
