Question
You work for the fixed income desk at Morgan Stanley. Your associate asks to determine the 1 year futures price for a bond. If the
You work for the fixed income desk at Morgan Stanley. Your associate asks to determine the 1 year futures price for a bond. If the annual coupon rate is 2% you calculate a fT =____.
Annual interest rate is 1%, spot bond price is $1,000.
$1030.45
$1007.53
$997.50
$990.05
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
