Question: From the previous question, rates do indeed fall as expected, and the T-bond contract is priced at 103 5/32. If Springer closes its futures position,

From the previous question, rates do indeed fall as expected, and the T-bond contract is priced at 103 5/32. If Springer closes its futures position, what is the gain or loss? How well does this offset the approximate change in equity value?

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DUR gap DUR a LA DUR l 5 160 180 2 322 Change in equity 322 00075109 180000... View full answer

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