Monday

March 2, 2015

March 2, 2015

Posted by **Ma** on Monday, September 26, 2011 at 3:07am.

- Finance -
**Anonymous**, Sunday, December 2, 2012 at 8:45pmN: 40

PV = (0.89+0.09/32) × $1,000 = -$892.81

FV = $1,000

PMT = $30

I/YR = 3.5%

Annual rate: I/YR × 2 = 7.00%

- Finance -
**jone**, Tuesday, February 5, 2013 at 7:17pm1-Suppose the September CBOT Treasury bond futures contract has a quoted price of 89-09. What is the implied annual interest rate inherent in this futures contract?

a. 6.32%

b. 6.65%

c. 7.00%

d. 7.35%

e. 7.72%

2-Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. What is the implied annual interest rate inherent in the futures contract?

a. 6.86%

b. 7.22%

c. 7.60%

d. 8.00%

e. 8.40%

3-Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. If annual interest rates go up by 1.00 percentage point, what is the gain or loss on the futures contract? (Assume a $1,000 par value, and round to the nearest whole dollar.)

a. -$78.00

b. -$82.00

c. -$86.00

d. -$90.00

e. -$95.00

- Finance -
**Anonymous**, Sunday, March 30, 2014 at 1:33am3 is d

**Answer this Question**

**Related Questions**

Advanced Finance - 6. (TCO F) Suppose the December CBOT Treasury bond futures ...

Finance - . Suppose the December CBOT Treasury bond futures contract has a ...

Finance 200 - The treasurer for Thornton Pipe and Steel Company wishes to use ...

Finance - Why does the spot price and the futures price converge when ...

Finance - Holly, a speculator, expects interest rates to decline in the near ...

Finance - Farmer Tom Hedges anticipates taking 100,000 bushels of oats to the ...

Math... please help me - Please can you help me to solve and get the solution ...

MS.SUE PLS HELP ME - Please can you help me to solve and get the solution for ...

math..please i need your help - Please can you help me to solve and get the ...

Business Finance - A firm has invested in corporate bonds it may engage in a ...