For the pricing of financial derivatives interest rate futures, we need experts to help us solve the second question, questions 1 and 2, what does that 1 10- 17 mean?
Direct discounted cash flow method is the simplest calculation problem, but the interest from May 5, 200 1 year to July 27, 200 1 year should be calculated in proportion to the holding time; The conversion factor is the rate of conversion to standard coupons. Divide the price directly by the conversion factor to know which is the cheapest. The smallest change unit of US Treasury bonds is 1/32, and the latter-17 means 17/32, which is about 0.5 125 USD. Just tell you how to calculate, I'm too lazy to type the formula.