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The futures price for the June 17, 2009 CBOT bond futures contract is 118- Suppose that the quoted prices for Bond A is 167 and

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The futures price for the June 17, 2009 CBOT bond futures contract is 118- Suppose that the quoted prices for Bond A is 167 and for Bond B is 134, which bond is cheaper to deliver? (a) Bond A ( (b) Bond B (c) Both are equally cheap to deliver (d) Answer cannot be determined

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