What is the implied nominal interest rate on a 6% semiannual 10-year U.S. T-notes ($100,000) futures...
What is the implied nominal interest rate on a 6% semiannual 10-year U.S. T-notes ($100,000) futures contract that settled at 100 - 190? Do not round intermediate calculations. Round your answer to two decimal places.
If interest rates increased by 2%, what would be the contract's new value? Enter your answer as a positive value. Use the rounded interest rate calculated above. Do not round any other intermediate calculations. Round your answer to the nearest cent.
Please provide your work as I am struggling with the 100 - 190 part of the settlement amount.
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What is the implied nominal interest rate on a 6% semiannual
10-year U.S. T-notes ($100,000) futures...
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