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help please Suppose a $100,000T-Bond futures contract whose underlying's duration is 7 years and has a current market price of $98.750. Market interest rates are
help please
Suppose a $100,000T-Bond futures contract whose underlying's duration is 7 years and has a current market price of $98.750. Market interest rates are 6 percent foday but are expected to rise to 7.5 percent. What is the expected change in this futures contract's market price as a result of this change in interest rates? $12,577 None of the options are correct $11,179 $12,577 $11.179Step by Step Solution
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