Question: The futures price for the January 2013 bond futures contract is 117-17.
a. Calculate the conversion factor for a bond maturing on July 1, 2029, paying a coupon of 12%.
b. Calculate the conversion factor for a bond maturing on May 1, 2035, paying coupon of 5%.
c. Calculate the conversion factor for a bond maturing on January 1, 2030, paying coupon of 6%.