The most recent settlement bond futures price is 1035 which, Financial Management

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The most recent settlement bond futures price is 1035 which

The most recent settlement bond futures price is 103.5. Which of the following four bonds is cheapest to deliver? A) Quoted bond price = 110; conversion factor = 1.0400 B) Quoted bond price = 160; conversion factor = 1.5200 C) Quoted bond price = 131; conversion factor = 1.2500 D) Quoted bond price = 143; conversion factor = 1.3500

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Financial Management: The most recent settlement bond futures price is 1035 which

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