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Question 1 5 pts If a US treasury bond future is quoted as 103-307, what's the price in dollar value? (Keep 3 decimal places) Question

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Question 1 5 pts If a US treasury bond future is quoted as 103-307, what's the price in dollar value? (Keep 3 decimal places) Question 2 5 pts A Treasury Bond futures contract is selling in the market for $98,214 and has a duration of 8 years. The same Treasury Bond is selling in the cash market for $98,907 and has a duration of 8.25 years. What is the basis for this futures contract

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