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What is the cash price? The number of days between January 27, 2017 and May 5, 2017 is 98. The number of days between January 27, 2017 and July 27, 2017 is 181. The accrued interest is therefore . The quoted price is 110.5312. The cash price is therefore . or $113.78. Problem 6.10. Suppose that the Treasury bond futures price is 101-12. ................
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