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Question 1 ( 1 4 0 points ) You have a short position on a Treasury bond futures contract. The most recent settlement price is

Question 1(140 points)
You have a short position on a Treasury bond futures contract. The most recent settlement price is 106-14. The bond you have chosen to deliver is a 10% coupon bond (reminder: Treasuries have semiannual coupons) with 23 years, 10 months and 13 days left fantil maturity, and the accrued interest is $1.55. What will you receive at delivery?
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