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Question 20 (1 point) On June 25, 2021, the futures price for the June 2021 bond futures contract is 118- 23. What is the conversion
Question 20 (1 point) On June 25, 2021, the futures price for the June 2021 bond futures contract is 118- 23. What is the conversion factor for a bond maturing on January 1, 2040, paying a coupon of 9.00%. and a yield to maturity of 8%
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