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Question
A Treasury Bond futures contract is selling in the market for $98,225 and has a duration of 8 years. The same Treasury Bond is selling in the cash market for $98,625 and has a duration of 8.25 years. What is the basis for this futures contract?
A. $400
B. 0.25 years
C. $28,156.25
D. $1,600
E. None of the options are correct
Answer
This answer is hidden. It contains 1 characters.
Related questions
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