Suppose you were long in a June T-bond futures contract at 92-16. What would you have to
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Suppose you were long in a June T-bond futures contract at 92-16. What would you have to pay at the futures expiration for a delivered T-bond if the bond’s conversion factor was 1.2 and the accrued interests on the deliverable bond were
$1.50 per $100 face value?
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