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Conyers Bank Holds U

Question 96

Multiple Choice

Conyers Bank holds U.S.Treasury bonds with a book value of $30 million.However,the U.S.Treasury bonds currently are worth $28,387,500.

If Treasury bond futures prices are currently 89-00/32nds,what is the value of the Treasury bond futures hedge position?


A) $30,000,000.
B) $28,387,500.
C) $26,700,000.
D) $89,000,000.

Correct Answer:

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