Find the cash price received by party with short position


Let’s say that the most recent settlement price of a T-bond is $92.50. The conversion factor of the bond is 1.22. Accrued interest rate is $2.7. Find the cash price received by party with short position for every $100 of principal.

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Financial Management: Find the cash price received by party with short position
Reference No:- TGS02259920

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