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Now is October 1 , 2 0 2 3 . The futures price for the October 2 0 2 3 bond futures contract is 1
Now is October The futures price for the October bond futures contract is
The following three bonds are under consideration for delivery. Please show carefully which
bond is the cheapest to deliver.
Hint: you should first calculate the conversion factors, and then compare the converted price
with the quoted price.
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