Inbox (74)-flyingparul008@gma x Chegg Expert Registration: Finan x Zoho Creator - Chegg Expert Hir x heggindia.com/#Form:Subject...

Extracted text: Inbox (74)-flyingparul008@gma x Chegg Expert Registration: Finan x Zoho Creator - Chegg Expert Hir x heggindia.com/#Form:Subject test?privatelLink=bF53Pq3tqOdXDb6qq0PKbXBKnU6s212F4b2fdONuXXgZX2DTmgJz56EF3A79 Subject Test Note: - You are attempting question 11 out of 1: The current quoted price of a 13% coupon bond is $110. It pays coupon semi-annually. The next coupon will be paid in 6-days (total number of days in this semi-annual period is 181) and the futures contract will last for 62-days. The term structure rate of interest is flat at 12% and the conversion factor for the bond is 1.5. Assume there is 184-days in half year for the futures. Compute the quoted futures price of the contract. (A) S110.01 (B) S73.34 (C) S112.03 (D) $109.83 Answer