What is the invoice price if the seller delivers this


Suppose that the conversion factor for a particular Treasury bond that is acceptable for delivery in a Treasury bond futures contract is 0.85 and that the futures price settles at 105. Assume also that the accrued interest for this Treasury bond is 4. What is the invoice price if the seller delivers this Treasury bond at the settlement date?

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Business Management: What is the invoice price if the seller delivers this
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