Q1. On January 19, a bond portfolio manager decides to sell $50 million FV of a 5% CRT-bond. The sale will take place on April 5 of the same year. On JAN 19 this bond trades in the market for S=$103/$100FV. Given are the following data: Ds= 8.0; Ys = 6.45464%; DF= 10; Y = 4%. The bond portfolio employs the JUN T-Bond futures, which on JAN 19, is trading for F = 80 - 16. 1.1 Use a timetable to describe the hedge. 1.2 Use the same time table to show the result of the hedge on APR 5, when the spot price of the bond that the bond portfolio manager is selling is S = $98/$100FV and the JUN T-Bond futures is trading for 70 - 17. Q1. On January 19, a bond portfolio manager decides to sell $50 million FV of a 5% CRT-bond. The sale will take place on April 5 of the same year. On JAN 19 this bond trades in the market for S=$103/$100FV. Given are the following data: Ds= 8.0; Ys = 6.45464%; DF= 10; Y = 4%. The bond portfolio employs the JUN T-Bond futures, which on JAN 19, is trading for F = 80 - 16. 1.1 Use a timetable to describe the hedge. 1.2 Use the same time table to show the result of the hedge on APR 5, when the spot price of the bond that the bond portfolio manager is selling is S = $98/$100FV and the JUN T-Bond futures is trading for 70 - 17