The standard bond in the treasury bond futures contract has
The "standard bond" in the Treasury bond futures contract has a coupon of 6%. If, instead, delivery is made of a 5% bond of maturity 18years, what is the conversion factor for settlement of the contract? Assume the last coupon was just paid.
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the standard bond in the treasury bond futures contract has a coupon of 6 if instead delivery is made of a 5 bond of
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