If at the expiration date, the deliverable Treasury bond is selling for 105, but the Treasury bond

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If at the expiration date, the deliverable Treasury bond is selling for 105, but the Treasury bond futures contract is selling for 106. What will happen to the futures price? Explain your answer.

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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