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Q39 Use the following information to answer QUESTIONS 34-39 You observe a 5% coupon bond with a par value of 100 trading at 98.50. A

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Use the following information to answer QUESTIONS 34-39 You observe a 5% coupon bond with a par value of 100 trading at 98.50. A futures contract on this bond is maturing in 6 months and is currently trading at a price of 104. Your cost of borrowing and lending is 6%p.a. Question 39 1 pts If the cost of borrowing/lending changed to 3% pa the price of the futures contract should Select)

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