Assume that the Treasury bond futures price is 108-09. Which of the following four bonds is...

Assume that the Treasury bond futures price is 108-09. Which of the following four bonds is cheapest to deliver (CTD)?

Bond	Price	Conversion Factor
1	102-30	0.9499
2	102-14	0.9444
3	101-11	0.9285
4	99-22	0.9119

Expert Solution

jeff jeffy answered 3 months ago

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