What will be the conversion factor

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Reference no: EM13730556

If you find a deliverable bond with a: a 6% coupon rate, what will be the conversion factor?

a. Equal to Zero. Explain.

b. Equal to One. Explain.

c. Greater than 1. Explain.

d. Less than 1. Explain.

e. Greater than 0. Explain.

f. Less than 0. Explain.

Reference no: EM13730556

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