True or false It is important to identify the cheapest bond to deliver because it is...

True or false

It is important to identify the cheapest bond to deliver because it is the one the futures contract is priced off of.

The conversion factor is the price of a bond with a face value of $1, coupon and maturity equal to that of the deliverable bond, and yield of 6 percent.

Expert Solution

milcah answered 2 years ago

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