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Suppose that the Treasury bond futures price is 100-23. Which of the following four bonds is cheapest to deliver? Bond Price Conversion Factor 1 126-03
Suppose that the Treasury bond futures price is 100-23. Which of the following four bonds is cheapest to deliver?
| Bond | Price | Conversion Factor |
| 1 | 126-03 | 1.2365 |
| 2 | 142-16 | 1.3689 |
| 3 | 117-32 | 1.1224 |
| 4 | 144-25 | 1.4006 |
| Bond 1 | ||
| Bond 2 | ||
| Bond 3 | ||
| Bond 4 |
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
