Four bonds is cheapest to deliver

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The most recent settlement bond futures price is 103.5. Which of the following four bonds is cheapest to deliver? A) Quoted bond price = 110; conversion factor = 1.0400 B) Quoted bond price = 160; conversion factor = 1.5200 C) Quoted bond price = 131; conversion factor = 1.2500 D) Quoted bond price = 143; conversion factor = 1.3500

Reference no: EM131077924

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