Suppose that during the delivery month the Treasury bond futures price is 95-16. The most recent settlement prices and conversion factors of Bonds A, B, and C are given below. The Treasury bond price is quoted in dollars and thirty-seconds of a dollar. The par (or face) value of the bonds is $100. Which bond is cheapest to deliver?

Answer rating: 100% (QA)

Given the Treasury bond futures price of 9516 we convert it to decimal form F... View the full answer