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A Deliverable Treasury Bond Has Accrued Interest of 3

Question 39

Multiple Choice

A deliverable Treasury bond has accrued interest of 3.42 per $100,a coupon of 9.5 percent,a price of 135 and a conversion factor of 1.195.The futures price is 112.25.What is the invoice amount?


A) 137.56
B) 143.64
C) 161.33
D) 134.14
E) none of the above

Correct Answer:

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