Multiple Choice
Conyers Bank holds U.S.Treasury bonds with a book value of $30 million.However,the U.S.Treasury bonds currently are worth $28,387,500.
If T-bond futures prices decrease to 81-27/32nds,what is the value of the futures hedge position?
A) $81,270,000.
B) $24,553,125.
C) $26,700,000.
D) $812,700.
Correct Answer:
Verified
Correct Answer:
Verified
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