The futures price for the january 2013 bond futures


Question: The futures price for the January 2013 bond futures contract is 117-17.

a. Calculate the conversion factor for a bond maturing on July 1, 2029, paying a coupon of 12%.

b. Calculate the conversion factor for a bond maturing on May 1, 2035, paying coupon of 5%.

c. Calculate the conversion factor for a bond maturing on January 1, 2030, paying coupon of 6%.

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Finance Basics: The futures price for the january 2013 bond futures
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