Calculate the value of a six-month futures contract on a


Calculate the value of a six-month futures contract on a Treasury bond. You have the following information: (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Six-month interest rate: 10% per year

Spot price of bond: 90.00.

Bond coupon: 8%, paid as 4% every six months.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the value of a six-month futures contract on a
Reference No:- TGS01704664

Expected delivery within 24 Hours