Question
You work for the fixed income desk at Amazon. Your associate asks you to determine the 1 year futures price for a bond. If the
You work for the fixed income desk at Amazon. Your associate asks you to determine the 1 year futures price for a bond. If the annual coupon rate is 3% you calculate a fT =____. hint use exponential form, be aware of the time component
- annual interest rate is 1%,
- spot bond price is $1,000
a.$990.05
b.$1030.45
c.$980.20
d.$1007.53
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Questions And Answers On Finance Of International Trade
Authors: L. Waxman
1st Edition
0860105865, 978-0860105862
