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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: 91.25. - The bond pays an 8% coupon, 4.00% every six months

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