Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
rate on a Treasury bond ($100,000) futures contract that settled at 100'16? If interest rates increased by 1%, what would be the contract's new value?...
What is the implied interest rate on a Treasury bond ($100,000) futures contract that settled at 100'16? If interest rates increased by 1%, what would be the contract's new value? (Brigham)
Brigham, Eugene F. Financial Management: Theory & Practice, 15th Edition. Cengage Learning, 20160101. VitalBook file.
Could this be shown with work...