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You own a 6-month futures contract on U.S. Treasury notes. The underlying notes have a...

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Accounting

You own a 6-month futures contract on U.S. Treasury notes. The underlying notes have a duration of 3.87 years. What is the duration of the futures contract?

3.67 years
4.37 years
3.87 years
4.12 years
3.37 years

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