Question
If the portfolio you manage is holding $25 million of 6s of 2029Treasury bonds with a price of $110, what forward contract would you enter
If the portfolio you manage is holding $25 million of 6s of 2029Treasury bonds with a price of $110, what forward contract would you enter into to hedge the interest-rate risk on these bonds over the coming year?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
