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ts Suppose a $100,000 T-Bond futures contract whose underlying duration is 8 years and has a current market price of $98,750. Market interest rates are

ts Suppose a $100,000 T-Bond futures contract whose underlying duration is 8 years and has a current market price of $98,750. Market interest rates are 6 percent today but are expected to decrease to 4.5 percent. What is the expected change in this futures contract's market price as a result of this change in interest rates? O None of the options are correct O $12,577 O $12,577 O $11,179 O -$11,179

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