a dealer does the following buy sell back what is the forward price to six decimal p 600422

A dealer does the following buy/sell-back. What is the forward price (to six decimal places)?

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18 April 2009

Maturity date:

18 July 2009

Repo rate:

5.52%

Security:

€200 million 8% BTAN

Previous coupon date:

6 June 2008

Clean price of bond at start:

103.42

Haircut:

2.5%

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