Question: I need 100% correct answer will be upvote Blake Young is a derivative investment manager at Yankee Bank based in New York City. He manages


I need 100% correct answer will be upvote
Blake Young is a derivative investment manager at Yankee Bank based in New York City. He manages a portfolio of fixed income assets and interest rate futures. He currently has a short position in a futures contract on GILTS, the U.K. equivalent to U.S. Treasury securities. As the delivery month is approaching, Young's manager has to choose the cheapest-to-deliver bond from the four available bonds. If the last settlement price is 9308, which of the following bond is the cheapest-to-deliver? A Bond A B Bond B C Bond C D Bond D
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