Hull, Chapter 6, Interest Rate Futures is a 53 minute instructional video analyzing the following concepts:

* Identify the most commonly used day count conventions, describe the markets that each one is typically used in, and apply each to an interest calculation.

* Calculate the conversion of a discount rate to a price for a U.S. Treasury bill.

* Differentiate between the clean and dirty price for a US Treasury bond; calculate the accrued interest and dirty price on a US Treasury bond.

* Explain and calculate a US Treasury bond futures contract conversion factor.

* Calculate the cost of delivering a bond into a Treasury bond Futures contract.

* Describe the impact of the level and shape of the yield curve on the cheapest‐to‐deliver Treasury bond decision.

* Calculate the theoretical futures price for a Treasury bond futures contract.

* Calculate the final contract price on a Eurodollar futures contract.

* Describe and compute the Eurodollar Futures contract convexity adjustment.

* Explain how Eurodollar futures can be used to extend the LIBOR zero curve.

* Calculate the duration‐based hedge ratio and describe a duration‐based hedging strategy using interest rate futures.

* Explain the limitations of using a duration‐based hedging strategy