Question: Question 3 0 / 5 pts Julie Wells has found a Treasury Bond futures contract that has a duration of 8.5 years and is currently

Question 3 0 / 5 pts Julie Wells has found a

Question 3 0 / 5 pts Julie Wells has found a Treasury Bond futures contract that has a duration of 8.5 years and is currently selling for $97,487. Interest rates are currently 8% and are expected to rise 2.3%. What is the change in this future contract's price for this change in interest rates? (Keep 2 decimal places) You Answered 17,647 Correct Answer -17,646.95 margin of error +/- 0.01

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