R20 BB5 Inter-Market Positioning (Simon Mullsap; p185)

When they talk about the return components, they show price at different interest rate level. Where does that number come from?!

Price @ 1.90% = 100.4293
Price @ 1.75% = 101.0773
Price @ 2.00% = 100.0000

Rather than giving this info, do you think they will ask us to calculate it?

Yes, it’s possible that you will need to calculate the price using your financial calculator. Just use the TVM function